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The Exorbitant Burden with Matthew C. Klein

The ACID Capitalist Podcast

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COVID Zero

There are a lot of tools they have at their disposal if they want to prevent that kind of outcome. I remember, you know, the 2015 2016, the concern of like, why was the yuan of defile you as much as people might have been concerned about. And so then we saw all the things happen and we didn't like it. And so now we're going to turn the knob the other way. The People's Bank of China has not been doing official exchange rate management over the past couple of years.

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