 |
China Hints at Yuan’s Departure From Dollar Peg
Reuters
Wednesday, Nov 11th, 2009
China said on Wednesday it will consider major currencies in guiding the yuan, suggesting a departure from an effective dollar peg that has been in place since the middle of last year.
The reference to a new set of benchmarks for determining the value of the yuan holds out the possibility of a departure from recent practice, which has seen the currency held steady since mid-2008 around 6.83 per dollar.
“Following the principles of initiative, controllability and gradualism, with reference to international capital flows and changes in major currencies, we will improve the yuan exchange rate formation mechanism,” the central bank said in a 46-page monetary policy report.
It was the first time since the landmark revaluation and launching of forex reforms in July 2005 that the People’s Bank of China has strayed from the language of keeping the yuan “basically stable at a reasonable and balanced level” when discussing future forex reforms in such quarterly reports.
“When the people find they can vote themselves money, that will herald the end of the republic.” – Fall Of The Republic – Buy the DVD here
Prison
Planet.tv Members Can Watch
Fall Of The Republic
Right Now Online -
Don't Miss Out! Get
Your Subscription Today!
CANCER CONSPIRACY? Are
"they" suppressing the cure? Will YOU
be the next victim? Learn
the Secret Truth! - READ FULL STORY
-
- Social bookmarks
- Email this article
-
- Print this page
27 Responses to “China Hints at Yuan’s Departure From Dollar Peg”
Leave a Reply
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | |||||||
| By N2H | |||||||||||||||||||||||||||||||||||||||||
November 11th, 2009 at 5:16 am
new short film about lieing shawn hannity and laughting boy john edwards, gunrights, verichip and the coming chip thats here now, chemtrail and the brainwashing of the corp media- http://www.youtube.com/watch?v=CmvCFd866R8
Reply
Col. Gadsden Reply:
November 11th, 2009 at 5:59 am
Hey Guy Fox, that link is absolutely amazing! I don’t think I’ve ever seen a more compelling video on what is really happening. I will be passing this one around and I recommend that everyone watch and spread this video.
Reply
Bray Reply:
November 11th, 2009 at 6:04 am
http://www.KeepTheTruthAlive.com
‘
Reply
Michael Reply:
November 11th, 2009 at 11:21 am
Larouche International Webcast on now at http://www.Larouchepac.com Don’t miss it!
Reply
Bray Reply:
November 11th, 2009 at 6:03 am
http://www.KeepTheTruthAlive.com
Reply
Sean Reply:
November 11th, 2009 at 10:28 am
guy fox- that video is like a million others on youtube. Look up John Todd or Fritz Springmeier if you want to learn some shit
Reply
November 11th, 2009 at 5:39 am
and at that point the dollar will drop like a stone…exactly to plan therefore
http://www.openyoureyesnews.co.....rld-order/
Reply
November 11th, 2009 at 5:46 am
Learn chinese…you sheeple will soon need it..
Reply
bill Reply:
November 11th, 2009 at 7:07 am
iil die first
Reply
November 11th, 2009 at 6:23 am
Its like the titanic hit the iceburg and is sinking fast and instead of getting in the lifeboats yall are bitchin at each other, the ship is not coming back up people. margarita island is full of opportunity cheapest cost of living in the world, 6 cent a gallon gas free health care no taxes, no hurricanes, all food is organic by law. for more info check out http://www.escapethestates.com I have plenty of references from people I have moved down here, jump on the underground railraod and find out what it is like to live in a country that has alot more freedom then the united states. Put your money in a different currency and get out with it and dont look back. soon the dollar will be worth nothing, then you are stuck. thanks for listening, if you need help contact me, My wife and I have plenty of knowledge about living here on margarita island we moved here 3 years ago with 3 small children and 3 dogs. We had to get our kids away from the toxic foods and environment. We can help you escape the states no matter what situation you are in,
Reply
Russell Wooldrige Reply:
November 11th, 2009 at 8:51 am
THAT IS NOT MY AD!!! SOMEONE IS IMPERSONATING ME> THAT IS AGAINST THE LAW! I WILL HAVE YOU ARRESTED!!!! ALL OF YOU!!!! All I am trying to do is HELP you and make a couple of bucks for myself, are you all too stupid to see that???!!! I have helped dozens of SMART people to escape the cesspool that AmeriKKa has become. AmeriKKKa is the turd circleing the toilet bowl, it is plain to see if you have brains enough!! Margherita Island is PARADISE compared to the US. Your country is dead but you are all too weak minded to see it. Let me help you. Go to my website and see how much better it is to live here. We can help each other out. Don’t be like the rest of these stupid people here, move to Margherita Island and enjoy being smart and rich and healthy!!!
Reply
your mom Reply:
November 11th, 2009 at 12:34 pm
Do you want me to call you the WAM BULANCE- WAAA WAAA WAAAA
Reply
November 11th, 2009 at 7:03 am
Not strange that the Chinese choose not to drown with the dollar.
Reply
November 11th, 2009 at 7:30 am
I don’t understand why people not backing up by EURO instead. If you travel around in Eastern Europe to some part of Africa, you learn how EURO is preferred by the locals and sometimes more than the local currency.
I don’t know about Yuen because I’ve never seen any situation people can pay with it in restaurants or gift shops. But with EURO, some fancy restaurants in East Europe accept that very well as there are many European travelers around and it’s a very strong currency. Who wants to store one’s wealth in Yuen? Not me. I am not a gambler.
Reply
November 11th, 2009 at 9:03 am
I guess the Fed cant take a hint. Or maybe, just maybe, they are the ones guiding the entire worlds monetary policy to achieve their ends………
Reply
November 11th, 2009 at 10:20 am
People who want to do something positive – http://www.bailoutmainstreetnow.com – Channel your energies in a positive way. Here are some suggestions, build a web page, phone your congressman, attend meetings in your local area with like minded people to form or support freedom coalitions, email your local representatives, call Washington, have group viewings videos that have verified information pertaining to amendment rights… http://www.bailoutmainstreetnow.com
Reply
November 11th, 2009 at 10:22 am
RUSSIA AND CHINA HAS ALIGNED THEMSELVES AGAINST AMERICA. IT IS DONE.
PREPARE FOR THE TRIBULATIONS FOLKS. PUTIN WOULDN’T PISS ON OUR FASCIST PRESIDENT, COMRADE OBAMA IF HE WAS ON FIRE. NEXT THE ARAB WORLD WILL SHIT ALL OVER THIS MAN CHILD WIMP PRESIDENT. WHAT A MESS COMRADE OBAMA HAS CREATED. NO WAY OUT. EVERYWAY HE TURNS HE STEPS INTO A TRAP. I GUESS THE CHICAGO COMMUNITY ORGANIZER WAS NOT PREPARED TO FUNCTION IN THE NWO GANSTER LEAGUE. HE IS JUST A SMALL TIME THUG COMMUNITY AGITATOR BEING PLAYED FOR THE SHILL AND SUCKER HE IS. JUST IMAGINE, A SOCIALLY PROMOTED MORON FROM KENYAN HAS NEARLY DESTROYED THE GREATEST COUNTY IN THE WORLD THROUGH HIS OWN LUST FOR MARXISM AND EGO. MILLIONS WILL DIE FIGHTING THE NWO AND THEIR MILITARY INDUSTRIAL CRIMINIALS. A QUOTE ONE MORE TIME FOR NEW READERS:
THE EVER CHURNING SEA OF POLITICS RISES ON EITHER SHORE
TURNING MAN AGAINST MAN UNTIL MAN EXISTS NO MORE.
SO HOW HIS THAT HOPE AND CHANGE WORKING OUT FOR YOU MENTALLY DISTURNED LIBS?? IT APPEARS YOUR VOTE COUNTED ALONG WITH ALL THE VOTING FRAUD OF ACORN.
Reply
November 11th, 2009 at 10:49 am
An Open Letter To Alex Jones: http://www.PatriotsCave.blogspot.com
Reply
November 11th, 2009 at 11:56 am
Looks like the “Axis of Terror” is about to get a new member.
Reply
MARK OF THE BEAST Reply:
November 11th, 2009 at 2:56 pm
HUGGLES,
Not about to but did. Why do you think America is stirring up trouble with pnemonic plague in Ukraine. Comrade Obama is paying back Putin for the cold shoulder treatment.
Not exactly, Corade Obama does no thinking of his own. Bilderberg group directs his monkey handlers and they pass it along to big ears Odumdo as he is commonly refered to in the White House. Soros had to come this week and spank his dumb puppets butt several times, and Bush Jr is at home drinking boubon whiskey laughing his Texas ass off becasue he knows he has just been moved to the second worst president in history.
Reply
November 11th, 2009 at 5:04 pm
hmm…invest you rmoney anbd your life in a gov’t headed by second rate ivy league legacies/affirmative action cases that have never spent much time in the real world under the constant thrall of their wiser peers or invest your money in a gov’t headed up almost exclusively by engineers who by the sheer force of hard work and determination made themselves something more than peasant cabbage farmers? hmmm. not really a tough call.
honesty alert:i have been “all in” on china for some years now to such an extent that i moved there.
Reply
November 11th, 2009 at 5:07 pm
Over many years we have all been lied to by our Governments, but not just our Governments but many religous leaders. Many things we have been taught are not even in Scripture and millions have swallowed so many lies by these false prophets. If you are a truth seeker please visit the following web site and take the time to read some of the articles, you will be shocked.
http://www.2besaved.com
Blessings
Ben
Reply
November 11th, 2009 at 5:53 pm
You amerikins must pay for yur debt. we foreclose now and will take manhattan first.
your president Obmatron was made in China factory with many chip in head. Me thinks he broken now. Sorwwy no refunds.
You will be happy in your wirk as we rebuild amerika with chineses factory and give you uniform of the people.
you no worry. eat plenty rice, work very hard, and no sleepy on jobby. we call the note in Jan 2010. You amerikan dollar best to use for butt wipe soon. much cheeper than charmon.
goud night capitalists, and sleep with dreams of mao sa tung in your hearts.
WONG WAY
CHINESES AIR FORCE
Reply
MANATTHEDOOR Reply:
November 12th, 2009 at 1:08 am
WONG IT MUST BE HEAR LICKING YOUR MOM ARM PITS AND GETTING SKULL FUCKED BY YOUR GRANDPA. TAKE IT EASY MY FRIEND. I KNOW IT’S HARD HAVING A LITTLE PEE PEE AND KNOW YOUR COME FROM A FUCKED UP SOCIETY. JUST LOOK AT THE ISLAND ACROSS FROM YOU THAT BASICALLY KICKED YOUR ASS. BECAREFUL WHAT YOU WISH FOR! WHAT MAY SEEM LIKE YOU CAN’T LOSE IS BASICALLY SHIT COMMING UP THE OTHER WAY. SO PLEAS GO FUCK YOURSELF WONG. TAKE MY LITTLE WONG.
Reply
WONG WAY Reply:
November 12th, 2009 at 10:05 am
YOU WILL SURRENDER MANATTHEDOOR TO THE PEOPLES REPUBLIC OF CHINA. YOU WILL EAT RICE AND ROTTEN FISH. AND YOU WILL BE HAUPI IN YOUR WORK MAKING OBAMATRON DOLLS IN CHIP FACTORY. LONG LIVE MAU SAI TUNG!!
Reply
November 12th, 2009 at 12:51 am
YES WHILE THE DOLTS IN WASHINGTON,D.C. WERE TELLING YOU THAT CHINA WAS AMERICA FREIND AND YOU BELIEVE THAT LIE ?
NOW THEY HAVE AMERICA WHERE THEY WANT IT AND WILL PUT THE SCREWS TO IT ?
BY THE WAY THE MASSIA IS ON IHS WAY OVER TO CHINA ? ANOTHER BUSMANS HOLIDAY.
BUT IT’S A WASTED TRIP AND CHINA WILL STICK TO THERE GAME PALN !
IN SHORT THE BANK OF CHINA IS CLOSED TO AMERICA !
YOU CAN BET THERE ARE OTHER METHODS OF GATTING MORE MONEY AMERICA ?
THEY WILL TAX YOU TO DEATH AND THEN SOME ! WAIT AND SEE AMERICA ?
JUST WAIT AND SEE AND PLEASE REMEMBER WHERE YOU HEARD IT AMERICA !
IF YOU DON’T ACT, AMERICA WILL BE DOOMED AND YOU WILL BE A SLAVE OF THE DEMO-RATS !
CHANGE, VOTE THE BUMS OUT OF OFFICE NOW !
Reply
WONG WAY Reply:
November 12th, 2009 at 10:07 am
IT IS TOO LATE FOR YOUR OUTDATED VOTING SYSTEM. YOU ALREADY HAVE A DICATATOR MADE IN CHINA OBAMTRON CHIP FACTORY. COMRADE OBAMA IS A ROBOT AND WILL DO WHAT HE IS TOLD. SURRENDER AMERICA!!
Reply