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Fed should start printing RMB(Chinese yuan) to control inflation and increase people's wealth.

Created by F.L. on May 07, 2013

As RMB(Chinese yuan) is growing into a world currency and Chinese yuan is appreciating, I truly believe that not only those giant companies can benefit from China's growth, but also US citizens, every one should directly benefit from it because we live on the same planet. Federal Reserve, thus should be able to print RMB as part of its printing business so that we can worry less about inflation problem in US and focus more on creating jobs. Also, it's a good way to increase every American's wealth. RMB has increased five, six percent every year, it's much better than putting money in the bank. Also, it's a completely safe asset to hold. With AAA credit rating of US government and an appreciating Chinese currency, every single person in the US will benefit from China's growth.

Economy & Jobs
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