[lbo-talk] Congress goes after China

KJ kjinkhoo at gmail.com
Fri Feb 4 07:48:44 PST 2005


At 7:24 pm +0500 4/2/05, uvj at vsnl.com wrote:
>Eubulides wrote:
>
>> 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?

Malaysia? Hong Kong?

kj



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