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Economics 411: Monetary and Financial Theory | Winter 2014Economics 411: Monetary and Financial Theory. How to Post Handout. REVISED] Who Touched My RMB? It’s always interesting to see how economic predictions and financial manipulations fail in China. The ridiculously high population/resource ratio turns China into a hungry giant that can easily overturn any rules: the Wall Street tycoons lost to Chinese housewives. The list goes on and on. Ever since the year of 2005, RMB has been appreciating internationally while depreciating domestically. About the inflati...
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