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Re: surehands post# 27657

Wednesday, 07/27/2016 9:37:19 PM

Wednesday, July 27, 2016 9:37:19 PM

Post# of 39190
China devalued 4% August of last year and 2% in Jan. Some say they need to do at least another 20%.

Just to give you a idea of how much they have diluted here is this interesting tidbit......."China’s got the printing presses going each and every hour of the twenty-four, all seven days. And its money supply now stands at a Himalayan-high 149 trillion yuan. That’s 73% higher than the United States, if such a thing is possible."