if you use common sense trying to understand China's Yuan exchan

来源: 于 2010-03-01 11:06:05 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

with US dollar, you'll never get an answer.

How do you explain that China's Yuan is inflating at >10-20%, while US inflation is near zero, but the exchange rate between the two is fixed or even the Yuan is appreciating?