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YesXorNo's avatar

Thank you, Mr. Leopold, for such a clear explanation.

I would be most interested in an article on China's use of the Yuan and Renmimbi, a dual currency. Does this protect against capital flight or currency attack? Does China's acquisition of US bonds and gold also serve to stabilize its currency and/or protect its export pricing?

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Les Leopold's avatar

I'm not really sure. But China would like to see stability in bond prices since it owns so many.

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Mark Breza's avatar

Two people making a deal really are not concerned about politics ?

Why ? Politics are not reality.

If one makes a contract, then Material prices go down, do you give a discount ?

Would they give you a break if cost went up ? Would there be a political discussion about it ?

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