http://www.npr.org/blogs/money/2010/09/29/130209459/currency-war-the-weakest-shall-win Can't wait for the day when a $10 bill will become the equivalence of only $1.
I'm not sure if people are supposed to read that and think, "Wow, what a smart idea" or, "Wow, we're being F'd in the A". The author seems to neglect the fact that he's referring to inflation, and that it destroys savings. But maybe those are just too obvious to mention? From NPR, I doubt it...
So, the goal is for their respective currencies to be worthless? Wouldn't that be the weakest you could get? Well, in any case, I'd say we're well on our way.
So Congress has decided it would be a good idea to let the yuan get stronger, not reduce minimum wage and assume that will create a strong export business? How weak do they want it to get if our labor has to compete against .12 cent an hour labor.
Following the constitution and backing our money with gold and silver is looking better and better isn't it?