Daily Archives: June 14, 2016

What the Han Masters Think About The Renminbi

The renminbi (ren-nin-bee) is translated as ‘the People’s money’, the colloquial term of usage is yuan (pronounced like ‘yawn’), it was gratuitously designated reserve currency status by sympathetic Keynesian authorities throughout the IMF who thought that bestowing favorable status to China’s currency could … Continue reading

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