"Republican Economics" and China

[Mr Khan]

SamuelRSmith said:

Mr Khan said:

SamuelRSmith said:

I thought about this after i went to work, but China gets the added benefit of not having their currency be properly tradable unlike most currencies (one, you can't forward exchange the Renminbi, and they have limitations on the Forex market), so its not as damaging for them

I'm not talking about that. China's policies lead to the destruction of their currency. That's why their inflation level is so high.

But they want that, and the lower levels of tradability means that it's not going to hurt the way that high inflation otherwise would

I'm not saying i approve of their strategy, but their unique approach to economics affords them certain immunities. Like how they've stopped their real-estate bubble from popping by pure fiat.