Shades of "WIN" - but, and this is hard to believe, even MORE ridiculous.
China’s Inflation-Fighting Strategy:Outlaw Talk Of Higher Prices
May. 10 2011
Posted by Addison Wiggin
blogs.forbes.com
This morning in China, we learned that the local trade surplus widened last month to $11.4 billion. That’s higher than any of the guesses that came from Wall Street. Exports for the red nation surged to a record high.
“China’s unfair currency manipulation has gone on for far too long,” commented Sen. Sherrod Brown (D-Ohio) eliciting a groan not of our own making, “and it’s clear that legislation is needed to level the playing field.” Brown is sponsoring a bill with Sen. Olympia Snowe (R-Maine) that would slap new trade sanctions on China.
For their part, the Chinese government is mucking with the trade environment by fining the Anglo-Dutch consumer products giant Unilever for an unpardonable crime: alerting the media that it is raising prices.
The article continues: http://blogs.forbes.com/greatspeculations/2011/05/10/chinas-inflation-fighting-strategyoutlaw-talk-of-higher-prices/?partner=yahootix
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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