{"id":25797,"date":"2018-07-23T10:49:28","date_gmt":"2018-07-23T14:49:28","guid":{"rendered":"https:\/\/ssgreenberg.name\/PoliticsBlog\/?p=25797"},"modified":"2018-07-23T10:49:28","modified_gmt":"2018-07-23T14:49:28","slug":"washingtons-risky-calculation-of-currency-war","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2018\/07\/23\/washingtons-risky-calculation-of-currency-war\/","title":{"rendered":"Washington&#8217;s risky calculation of currency war"},"content":{"rendered":"<p><em>Global Times<\/em> has the article <a href=\"http:\/\/www.globaltimes.cn\/content\/1112018.shtml\" rel=\"noopener\" target=\"_blank\">Washington&#8217;s risky calculation of currency war<\/a>.<\/p>\n<blockquote><p>\n A depreciating yuan would be favorable to China&#8217;s exports, but also put pressure on China&#8217;s capital flight, stimulate inflation and affect the market&#8217;s expectation of the country&#8217;s economic outlook. Why would China manipulate toward such a mixed blessing?<\/p>\n<p>The renminbi&#8217;s recent fast depreciation is obviously a result of multiple market factors. And among them, the trade war launched by the US is a major driving force.\n<\/p><\/blockquote>\n<p>Here is a point of view I don&#8217;t expect that you will read in the USA&#8217;s corporate media.  I wonder if #45 thought about this possibility when he started the trade war.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Times has the article Washington&#8217;s risky calculation of currency war. A depreciating yuan would be favorable to China&#8217;s exports, but also put pressure on China&#8217;s capital flight, stimulate inflation and affect the market&#8217;s expectation of the country&#8217;s economic outlook. Why would China manipulate toward such a mixed blessing? The renminbi&#8217;s recent fast depreciation is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-25797","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/25797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=25797"}],"version-history":[{"count":1,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/25797\/revisions"}],"predecessor-version":[{"id":25798,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/25797\/revisions\/25798"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=25797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=25797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=25797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}