China Retaliates Again, Accuses US Of "Out Of Control" Dollar Printingby Tyler Durden, Zero HedgeOct. 26, 2010 |
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After taking heat from the White House for nearly a year for its currency peg, a fact that in itself will never get China to loosen its regime as it would be perceived as yielding to pressure from D.C., China has once again gone on the offensive, this time via its commerce minister who earlier today said that dollar issuance in the U.S. is "out of control" which in turn is leading to an inflation assault on China. Read More |