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E31: Post-vaccination virtue signaling, pandemic lessons, immigration, Caitlyn Jenner for CA Governor, Big Tech earnings & more
All-In with Chamath, Jason, Sacks & Friedberg
China Deep Values Their Currency
China devalued its currency by 40% in a matter of years. The move unleashed subsidies into the united states, which led to an increase in imports from china. David Frum says this has caused problems that people couldn't have predicted. He says it's helped hollow out the middle class and industrialize the west.Frum: China is not changing its human rights record or getting better at regulating itself.
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