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its Patti kosher marketplace so this week China unpacked its currency from the US dollar a lot of people are asking us what does this peg actually do how does a peg actually work so Im thinking about currencies pegs and things Id like to think along nautical lines so Id like you to join me and think about a yacht heres a yachts go night on a on a sailing race and usually when you go into sailing race you go out to win of course on this race Ive decided that I want to stay level with another yard Im going to pick another yacht Lingus and Im finding it hang out with this yacht stable level but its not yacht for that for the whole duration of the race I may move a little bit forward or a little bit back but a sense they I want to remain pretty much level so heres the yard I picked as a chaplain back there and heres my yacht all right and just because of perspective it looks like Im in front but its actually actually dead level so here we are my yacht and my yachts obviously
