This week Hong Kong’s monetary authority was battling to preserve its peg v. $. Was it fighting off belligerent Americans?

This week Hong Kong’s monetary authority was battling to preserve its peg v. $. Was it fighting off belligerent Americans? Speculators who had pledge to bring it down? No! It was fighting to prevent appreciation. Big Mac Index shows HK$ 54% undervalued!
economist.com/finance-and-ec… https://t.co/pGrGDutdTI

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