> Since the Chinese won't revalue, force them (and the Euros) by devaluing the
> dollar.
China is not revaluing as fast as other nations might like, and it is still a tightly-controlled currency; they can stop revaluing whenever they like. However, it is flatly false to say "China won't revalue".
The Chinese are revaluing. Have been for years, just very slowly.
The yuan was pegged at 8.29 to the US $ until 2005 or so. Then a steady rise until the (primarily US) economic crash, when they froze it at around 6.8 to the buck. It started moving again a couple of months back and is at 6.66 now.
If you had put $1000 into yuan in 2004, you'd have got 8290 yuan. At today's exchange rate, they'd be worth $1245. That is a fairly significant revaluation.
You appear to have been taken in by American propaganda. They need someone to blame and it is easier to blame China than to arrange guillotines for Wall Street criminals, let alone politicians.