decline is a choicand we can choose otherwise. >> thank you for the good news. the president in asia. >> it is undervalued, and china spends enormous amounts of money intervening in the market to keep it undervalued. >> president obama at the g-20 meeting in south korea with his belief that china at artificially manipulate currency to keep exports cheap. ben bernanke and the federal reserve plan to pump money into our economy and the chinese accuse us of manipulating rrency grid colbert king, a former banker, will explain all this in the language we can understand. >> it is true. it is true for both sides. they are keeping currency rates so that they can sell to the rest of the world, and we're doing the same thing ourselves, and we're going to have a currency war. >> the result of which will be what? >> it will getets to a very dangerous place, almost like smoot-hawley during the depression. they will have to wake up and come to an agreement. but this is a bigger they neighbor -- beggar thy neighbor kind of policy. >> but this is chutzpah for the chinese to say