Currency manipulation my toilet paper! How asinine for the US to accuse China of currency manipulation. The entire system of Federal Reserve Notes is clearly unconstitutional (which means illegal) because “No State shall…make any Thing but Gold and Silver coin Tender in payment of debts.” Article 1, Section 10, it’s still there. The US Federal Gov’t, with wimpy State governments giving in, gave us paper they intentionally devalued, now the previous token coins of copper and nickel have to be made of cheaper alloys because the copper is worth more than the cent.
Look it up if you don’t know this: the definition of a US Dollar was a coin with .77 troy ounces of silver. The Silver Dollar was the Unit of our money. It was modeled after the Spanish Milled Dollar, which was the most common coin in the Americas during the 1700′s. The dollar sign is from to the design on this Spanish Pillar Dollar (another name for it). There are two columns on it with banners making the S.
The Chinese Yuan was also this same size of silver coin. My friends Bob and Gayle at Linkville Coins here in Klamath Falls, have one on eBay now, here’s a picture and the link to their auction:
All of the governments of the world are now competitively devaluing their peoples’ money in a game of buying votes with entitlements. They are ‘welfare statits’ who steal from the poor through inflation and then let them down with crappy social programs to “take care” of them since their only concept of “savings” is the plans organized around a “dollar” constantly inflated away. The government puts a convenient inflation calculator here. You can see for yourself how they calculate the loss of purchasing power of each dollar, which is connected to the increased promises they have made in repayment of future dollars that don’t really exist yet.
Anyhow, that’s the rub. Dollar=silver coin. Yuan=silver coin (Chinese banks are still called Silver Companies), Spanish Milled Dollar=Silver Coin, Peso=silver coin.
The medical/alchemical end of this is that all of these coins were very antibacterial (i.e. clean after much handling, unlike our money now), and could also be turned into jewelry or put into water/milk to help preserve it. This is the history of our money. I wasn’t taught it in school, were you?