Danielle Park is seeing deflation everywhere. There's a currency war where the loser is actually the winner. China is cutting its currency values in an effort to sell more stuff to the US and the World. It won't work, but it's worth a shot. On a net basis it's a loser. It's not going to build prosperity and lift standards of living. But it sure feels good when it's happening. 

Direct download: Danielle_Park_31.May.16.mp3
Category:general -- posted at: 1:22pm EDT
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