Any country, which has hundreds of billions of dollars of sanctions or tariffs imposed
on it, the currency is going to go down, period, full stop.
It's not just the Chinese, the Chinese are apparently letting it go down and not trying
to control it.
Anybody who has that ax chopped on it is going to be affected, because it theoretically is
going to hurt your trade balance of trade very seriously when you have those tariffs
imposed.
Maybe China's saying, "Okay, we'll let it go, we're not going to stop it."
To try to stop a currency declining when you've had hundreds of billions of dollars of tariffs
hitting you, you have to be affected.
To try to stop that decline would cost gigantic amounts of money.
