How much will taxpayers shoulder?

[kandrathe]

As MEAT remarked, I also agree with what all of you are saying. But 'doing something about it' seems rather difficult to me. To me it is just the basic rules of capitalism.

Right, and I'm fine with the basic rules of Capitalism at play. However, with the peg of the yuan to the dollar, there is a 60% shift in price from producer to consumer. This is anti-competitive. Things I produce would be 30% cheaper to the Chinese consumer, and the things they make would to 30% more expensive. On top of that, the Chinese worker is paid 1/10th the wage of an American. With the controls in place by PBOC, wages and the quality of life for Chinese workers also will not improve. The natural balance of the flow of Capital is weighted in favor of China, and against the rest of the world. Strong leadership in the US, or the EU, or the G8, or the WTO would have solved the issue many years ago, but here we are.