Which do you prefer ? USA with power to issue (print) money, China has to produce to make money ?
The US dollar, not China’s yuan, is the de facto world currency. China has to produce in order to earn money. Should China be condemned for not being able to print the world currency, like the US does?
China - 4 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Not sure what you mean, but the monetary system has to be backed by a value that is appreciated by the rest of the world. Chinese yuan is not there yet.
2 :
I like neither, I like my money in pounds sterling.
3 :
China isn't condemned! The yuan is going up in value everyday. The dollar is going down............. So whatever you are implying isn't true.......
4 :
I PREFER CHINA!!!
