Look at the 10 year graph yuan vs. dollar - http://www.dollars.com/chart/CNY-USD...<quoted text>the dollar is worth so little under the O'bama administration policies-the reason the gas prices are so high also. So you go ahead and tout his policies.
As the U.S. dollar continues to weaken, the Chinese renminbi, or yuan, has been appreciating at a 4% annual clip. Many believe this will accelerate in the near future. Continued depreciation of the dollar will further bolster U.S. manufacturing and exports.
Why does O'bama want to continue depreciation of the dollar? because it steals money from people who have saved all their lives that's why.
This was all put in motion long before Obama became president.
As I have stated many times everything doesn't reset to zero when the new guy takes office.