HELP.

I do not have any expertise in this field. However I understand that this:

http://america.aljazeera.com/articles/2015/8/12/fears-of-currency-war-as-china-devalues-yuan-even-further.html

has serious consequences.

The US has always said:

Let the market decide.

It has its intrinsic wisdom.

This wisdom was well evidenced by the Wall St Fraud.

It led to the 2008 World Financial Collapse.

However, the paradox is that if the US lets the market decide, then the true value of the Chinese RMB will drop even more. This is what the Chinese want.

If this happens, it seems that China will benefit; and in these times, the fashion is against China benefiting.

My problem is that it is not possible to have it both ways.

If you do not want China to follow the famed established wisdom of US capitalism, then you will want China to artificially hold up the value of its RMB. 

If now the exchange is in favour China, all she need to do is print her RMB and now she can go on a buying spree of more US dollars. If this happens, I know Senator C. Schumer will take off on one his anti-Chinese rants with the able assistance of the Donald.

So, what do you really want?