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He's obsessed with the yuan again. Tried to straighten him out after he left the admin. but it won't take.

Posted on August 21, 2026 at 09:35:27 AM by ftb

If the Chinese opened the capital account, money would flood out and the yuan would plummet. But he just knows it's badly undervalued.

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Thread:

ftb, Brad Setser talking China on the latest Ezra podcast* - By crumbs August 21, 2026 at 09:05:45 AM
- He's obsessed with the yuan again. Tried to straighten him out after he left the admin. but it won't take. - By ftb August 21, 2026 at 09:35:27 AM

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