Blurb: Given that governments are incapable of acting, the good old market might well provide the solution to the world’s currency, nay yuan, problem.

The G-20 meets today to ostensibly decide on the fate of currencies, but like the Federal Reserve’s QE2 $600 billion dollar injection, their influence on currency values is negligible, and possibly late. Many see the QE2 program as excessive and unwarranted. There are accusations of a hidden motive, a hidden agenda. And what might that be? To cheapen the value of the dollar i.e. to further fuel currency wars.