China is freer than the US - take that for what you will when reflecting on which will be a reserve currency in the future. Men like Larry Summers think that there's infinite room to indulge their whims because of lack of alternatives.https://twitter.com/josephflaherty/status/1354280888708849664 …
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>Do you think that, being objective, that USD is more manipulated than the Yuan? Yes. The Chinese have a hierarchy that is capable of preserving seeing the long term value of their ability to print money. USG does not.
End of conversation
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