dfnj
Well-Known Member
You do realize that is a self limiting strategy, don't you? Many developing countries will keep their wages as low as they can for as long as they can. It can't go on forever.
If the Yuan were allowed to float against the dollar it would increase in value until our factories returned. Why are you against the American worker?
I don't have a problem with developing countries keeping their wages low. I do have a problem with Chinese pegging the Yuan to the dollar.