Is that going o help much if the Chinese government continues to control the value of the yuan instead of letting the markets decide. I am no currency expert, but they would just hoard the new currency instead of he dollar and the imbalance would persist.
US surely would lose its current privilege of printing money at will, but China needs to let go of its currency as well.
US surely would lose its current privilege of printing money at will, but China needs to let go of its currency as well.