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**marioalosangeles** · 10-28-2011, 02:56 PM

So I remember reading about how the U.S exported a lot of money to China because of the inflation it was going through... I would like to read more about this...

**NWOkiller** · 10-28-2011, 11:07 PM

Not sure if this is what you are looking for but thought I might throw this in.

http://articles.moneycentral.msn.com/Inv...ation.aspx

**El Mono** · 10-29-2011, 12:18 AM

But China generally has Exchange control, I doubt this would benefit the US because they wouldn't be able to convert back?

**NWOkiller** · 10-29-2011, 01:06 AM

In my opinion it seems like a shitty deal for both china and the us. China has to devalue it's money to keep it's cheap labor cost while at the same time taking money from a devaluing dollar. All the while the people are getting screwed because Chinese workers can't have the real purchase power they should have and the american workers lose there jobs to the cheap labor, driving down the wage here while at the same time losing it's purchase power from inflation.

**marioalosangeles** · 10-29-2011, 05:37 AM

I thinks that's it NWO, Thanks...
Yeah I heard China can be affected by that.
Not beneficial at all...

The reason I was thinking about this is because of the stupid argument that republicans make saying that migrant workers export all "our" dollars to mexico. I was talking to a guy about this. He kept saying that. Then I told him, I know U.S exported a lot more in one blow to China. He said, "resources" I was like...Damn -__-