There's a good comment on my earlier post by Bret Swanson of the Discovery Institute here. He references two interesting commentaries by Nobel Prize-winning economist Robert Mundell that are also saguine about the prospects for the Chinese dumping the dollar. They can be found here and here.
This article available online at:
http://www.theatlantic.com/daily-dish/archive/2007/08/monetary-meltdown-cont-bruce/226159/
