Re: on the u.s. economy's future


But prices in the U.S. haven't gone up 40% since the U.S. is trading
largely with China, which is artificially devaluing its currency
relative
to the U.S. dollar, and which is paying slave-labor wages to its
factory workers who kindly manufacture the stuff we Americans buy
from them (admittedly relatively high-quality ***). But as soon as
the Chinese pull the plug and stop devaluing their currency, prices
for things across the board will go up very quickly very fast.

Why would they stop devaluating their currency? If they do, they stop
exporting and things would get ugly.

.