All I can say about the revaluation is that we should be careful what we wish for... Essentially we are looking for another place to put blame. Remember we are never wrong, it's always someone/thing elses fault. If the Yuan peg is dropped, then we will really start to feel the effects of inflation. Then again inflation seems to be what Uncle Al wants, but higher prices + slow growth = Stagflation which most likely leads to another recession.
Some price to pay for wanting to look like we are in control...
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