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Is the Uan Undervalued?
CNN's John Sutter says the U.S. dollar is overvalued and could be vulnerable to a deflationary spike. He thinks China, which has huge trade surpluses, will eventually have to let its currency float in an attempt to counter falling real estate prices. The us are well supplied with food and energy, unlike china or ike japan," he says. "We're probably going to have a little bit of both"