|
| The methodology of the Chinese system is complex requiring a couple of pages to explain, at least for me, but the bottom line as I review...will naturally raise the cost of Chinese Imports (US consumers) but will raise the household worth of Chinese consumers as they are in effect short US dollars in regard to purchases of fuel (fuel being settled in dollars) & the USA items they import. The effect the US treasury is after...it will reduce the value of the debt which China hold & US owes... | |
|