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China revalues Yuan

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  • #31
    I wonder what will happen if the planet have one single currency.


    NEW WORLD ORDER!!! RUN AWAY! RUN AWAY!

    ... Montana's population would increase tenfold and promptly secede.

    But apart from that (maybe because of that), I think it would be a good idea.

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    • #32
      Originally posted by el freako
      Most reports I saw (that had any basis in economic theory that is) suggested figures of 7% to 11%
      Alan Greenspan quoted a figure of 5% last time.
      (\__/) 07/07/1937 - Never forget
      (='.'=) "Claims demand evidence; extraordinary claims demand extraordinary evidence." -- Carl Sagan
      (")_(") "Starting the fire from within."

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      • #33
        Originally posted by Bosh
        Good, hopefully this will slow the Won's annoying tendency to rise against the dollar recently...
        Too bad. I heard the Won gained against the USD.

        But shouldn't you like that? It means more $$$ for you when you exchange the Won for USD.
        (\__/) 07/07/1937 - Never forget
        (='.'=) "Claims demand evidence; extraordinary claims demand extraordinary evidence." -- Carl Sagan
        (")_(") "Starting the fire from within."

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        • #34
          Originally posted by Urban Ranger


          Too bad. I heard the Won gained against the USD.

          But shouldn't you like that? It means more $$$ for you when you exchange the Won for USD.
          Doh! Yeah that's what I meant. Basically due to the Chinese goverment I've got a 2% pay raise in the last few days! Yay!
          Stop Quoting Ben

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          • #35
            good, theres still time for me to scrounch up some cash and invest in renminbi. - that is one invest that will not fail, and has guarantteed huge returns as soon as they float or dirty float it.
            "Everything for the State, nothing against the State, nothing outside the State" - Benito Mussolini

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            • #36
              Can you do that now?
              I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
              - Justice Brett Kavanaugh

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              • #37
                yeah.
                "Everything for the State, nothing against the State, nothing outside the State" - Benito Mussolini

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