This is an excellent example of what NOT to do, right along with threatening FX traders who are reportedly shorting the RMB ( <a href="http:&#x2F;&#x2F;www.businessinsider.com&#x2F;china-warns-yuan-shorts-2016-1" rel="nofollow">http:&#x2F;&#x2F;www.businessinsider.com&#x2F;china-warns-yuan-shorts-2016-...</a> ).<p>I can&#x27;t see how China, with an estimated 3 Trillion in reserves, is going to dictate to the 11 Trillion FX market how it should move - apart from adopting a transparent and proactive approach that acknowledges all the problems and puts forth a coherent, verifiable plan for resolving them.<p>At a time when we should be reading articles about asset liquidation entities (ala US Savings and Loan crisis) and middle class spending incentive programs (ala Cars for Clunkers) - we&#x27;re instead reading about jailing statisticians.