from Wiktionary, Creative Commons Attribution/Share-Alike License
- v. To remove from a peg.
from the GNU version of the Collaborative International Dictionary of English
- transitive v. To remove a peg or pegs from; to unfasten; to open.
from The Century Dictionary and Cyclopedia
- To pull out of the peg or pegs from; open by removing a peg or pegs.
Sorry, no etymologies found.
If the Chinese want to ruin us, a scenario that only a fool would discount, all that they have to do is unpeg the Renminbi and then flood the United States with dollars, and there would be nothing we could do.
And they will deal with us, Matt, you can bet your bippy on that, and you will also get your wish, China is going to unpeg.
The decision to unpeg the yuan from the dollar frees China's central bank to pursue a monetary policy independent of the Federal Reserve and thus reduce the risks of imported inflation.
For if there is anything we should have learned by now, it is that China is not going to open its markets and unpeg its currency until it is clear that the costs of not doing so will be even higher.
If they don't unpeg, the population will suffer more as inflation accelerates; this could conceivably lead to the overthrow of the House of Saud, in which case all bets are off.
I think there are five or six countries in the Gulf region that want to unpeg from the dollar.
And you have, I think, four different countries in the Gulf region that want to unpeg from the dollar.
You ` ve got Vietnam wanting to unpeg from the dollar.
Chinese unpeg the Renminbi, and designate a ‘basket’ of currencies.
But many in Congress are barking up the wrong tree in hectoring China to unpeg its currency against the U.S. dollar.
Wordnik is becoming a not-for-profit! Read our announcement here.