> The free market is an oxymoron in legal terms. It's like
> phlogiston, a
> concept that does not refer, yet makes people feel good/bad
> depending on
> their worldview.
"For more than seven years, China has maintained a fixed exchange rate of 8.28 renminbi to the US dollar, which helps to keep Chinese export prices low in dollar terms". Which other currency has a fixed exchange rate in $ terms for seven years?
Ulhas