tag:blogger.com,1999:blog-6616959642391988608.post1412010071838841473..comments2024-03-18T13:22:06.536-07:00Comments on Calafia Beach Pundit: De-sensationalizing China's reserve lossesScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6616959642391988608.post-62851917284870409992015-09-09T18:01:09.995-07:002015-09-09T18:01:09.995-07:00Why the Chinese ever peg the yuan to the US dollar...Why the Chinese ever peg the yuan to the US dollar I do not know. It has been a mistake. It has resulted in a tight money policy in China, a nation that needs 7-8% real GDP growth every year.<br /><br />Should the Fed raise rates? Larry Summers is now blogging and I heartily recommend his post of September 9th to all.<br /><br />I would go further than Summers, and say that not only should the Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-31721281668952385422015-09-08T19:03:07.574-07:002015-09-08T19:03:07.574-07:00that has to be one of the strangest or deeply comp...that has to be one of the strangest or deeply complex layered post that leads to "i mean short the yuan". marcusbalbushttps://www.blogger.com/profile/13596266889368486043noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-28747022339091071452015-09-08T17:29:32.569-07:002015-09-08T17:29:32.569-07:00I don't usually make bets on currencies, but i...I don't usually make bets on currencies, but if I had to, I would probably short the yuan, as I implied in the post.<br /><br />I rarely if ever agree with Stieglitz, and I'm happy we don't agree now. Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-64680825888779721382015-09-08T13:04:44.209-07:002015-09-08T13:04:44.209-07:00Off point but Stiglitz thinks it's a "no-... Off point but Stiglitz thinks it's a "no-brainer" for fed to hold on rates. Besides the fact that I HATE stupid phrases like that, this is proof positive that the Fed certainly should raise rates and hopefully will. If not now, when?<br /><br />http://www.marketwatch.com/story/joseph-stiglitz-its-a-no-brainer-to-keep-rates-on-hold-2015-09-08?dist=afterbellstevehttps://www.blogger.com/profile/07387986994469835875noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-69610611396507373192015-09-08T12:08:15.002-07:002015-09-08T12:08:15.002-07:00go long the yuan grannis. lets see how that plays...go long the yuan grannis. lets see how that plays outmarcusbalbushttps://www.blogger.com/profile/13596266889368486043noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-25098410214154587672015-09-08T10:40:33.081-07:002015-09-08T10:40:33.081-07:00http://www.spiegel.de/international/business/excha...http://www.spiegel.de/international/business/exchange-rates-and-reserve-currencies-china-plans-path-to-economic-hegemony-a-741303.htmlHanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.com