In economic terms, it is “One dip or two?” In the ice cream parlor, two is nice. In the global world of economies and markets, not so much!
In the monopoly game of currencies, it is either “trust” or “make believe.” China loudly restated the rules this week for all to hear by “agreeing” to float their currency. China owns Boardwalk, Park Place, the railroads and, lest we forget, they are our banker.