Yuan Rises 1% Against the US Dollar

Important article by Gary North on central banks inflating currencies around the world as a way to manage business and profit for large commercial banks.  For the local, neighborhood banks and customers, we're left out in the cold, the very recessionary cold.

The race to the bottom is on. The central banks are on a collision course with reality. It is not possible to fund businesses if the central banks are buying government debt. The commercial banks are not lending to small businesses. So, only big businesses are able to raise money. Big business and big government are doing just fine. Main Street isn’t.