Showing posts with label trade currency. Show all posts
Showing posts with label trade currency. Show all posts

Monday, March 22, 2010

For China bashers

Political Calculations is doing some homework on import and export between Yanks and China. In the charts at the link, the Y axis is money rate of growth of Chimerica trade. The imbalance is not that bad, compared to our imbalance in energy trade. But I still agree with Krugman and buy Chinese yuan wherever you can find it.