China Can Make Better Things Than Us

In 20 15, china devalued their currency on purpose. I for the life of me, could not figure out why they would do that. It's my understanding that the reason they did that is because they wanted their citizens to have to work harder to make things in order to sell them to other people. And they played a longer game. In america, our value, i mean, our dollar was strong, so instead of having to go out back and make a thing and get money and sell it china. Now, i would argue, and an i think this is indisputable, china can make things better than us. We've been talking about debasing a currency