Why China Purposely Keeps Their Money THIS Cheap

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Ok maybe it’s not TOTALLY valueless…

Crashed – Adam Tooze
https://www.investopedia.com/articles/forex/030616/why-chinese-yuan-pegged.asp#:~:text=The%20Chinese%20yuan%20has%20had,to%20those%20of%20other%20nations.
https://www.ceicdata.com/en/indicator/china/foreign-exchange-reserves
https://tradingeconomics.com/china/money-supply-m2
https://tradingeconomics.com/united-states/money-supply-m2
https://www.ceicdata.com/en/indicator/china/current-account-balance#:~:text=China%20Current%20Account%20recorded%20a,value%20of%2042.6%20USD%20bn.
https://www.cfr.org/in-brief/china-manipulating-its-currency

https://www.frbsf.org/economic-research/publications/economic-letter/2002/august/argentina-currency-crisis-lessons-for-asia/
https://www.chicagofed.org/publications/chicago-fed-letter/1999/june-142

The Folly of Currency Pegs

https://www.imf.org/external/pubs/ft/fandd/2000/03/pou.htm
https://databank.worldbank.org/source/world-development-indicators

https://www.imf.org/-/media/Websites/IMF/imported-events/external/np/seminars/eng/2014/lic/pdf/_Ploeg1pdf.ashx
https://www.arabnews.com/node/1682011
https://www.statista.com/statistics/276617/sovereign-wealth-funds-worldwide-based-on-assets-under-management/
https://www.aljazeera.com/economy/2023/3/14/lebanons-currency-value-plunges-to-100000-against-the-dollar
https://www.ft.com/content/75d21ae6-f508-4af3-91a9-c6a783b83c02
https://www.salaryexplorer.com/average-salary-wage-comparison-lebanon-c119
https://www.voanews.com/a/lebanon-leans-on-us-dollar-to-cope-as-currency-economy-tank/6992881.html

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