A venture capitalist Joe Lonesdale was being interviewed and said that the Fed has l lost its mind and that it is a very scary time in America right now under this administration. He said folks he's spoken to (finance people) in NY are saying how China knows how weak our $$ is and is taking advantage by actively trying to get investments there because their currency is stronger. No link (yet) online to the segment (it just ran), but if I can find it, will post. CNBC commentator wasn't prepared for that one!
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I heard that China tells you the opposite of what they really are if things are going bad for them; and if things are going good, they simply keep quiet. That would mean their currency is b...a....d..........