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China can help US out of its inflation trap

onebyone

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NEW YORK – “Goods produced by China’s hundreds of millions of workers are a strong anchor for stabilizing global inflation” read the banner headline at China’s “Observer” (guancha.cn) website June 10, quoting People’s Bank of China official Guo Shuqing, the Communist Party representative at the central bank. The “Observer” site frequently floats trial balloons for China’s top policymakers. Guo dismissed the reassurances of Western central bankers and offered an alarming assessment of inflation risk: “Inflation is coming as scheduled. Moreover, the magnitude is higher than the expectations of central bankers in the United States and Europe, and the duration of inflation does not seem to be as short as many experts predict.” He added, “When fiscal expenditures are already largely supported by the


 

casual

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Basically China is refusing to run the money printers like America and instead just letting it's currency strengthen. Now America is left with some pretty bad choices.

When China's currency is undervalued America was angry. Now China's currency is not undervalued America is still angry. :yu:

Anyhow, get your dollars out of the static bank account and invest it in inflation proof account.
 

letsrock

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Basically China is refusing to run the money printers like America and instead just letting it's currency strengthen. Now America is left with some pretty bad choices.

When China's currency is undervalued America was angry. Now China's currency is not undervalued America is still angry. :yu:

Anyhow, get your dollars out of the static bank account and invest it in inflation proof account.
When more goods are made then those additional dollars can be absorbed and will not lead to inflation. But american tarriffs on chinese trade means there are less goods and more dollars leading to inflation.
 

CAPRICORN-88

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In 2008 China came to the rescue of USA. She practically bailed her out of the recession. China deeds were hardly mentioned and instead they bashed her.

What did she gets in return, nothing.
No gratitude but acts of unfriendliness, arrogance and hostility.

Yes. Beidou2020 is right.

Leave USA with her own problem.

After all it is also true that USA is indeed RIPPING the rest of the world off, printing worthless money out of thin air in return for goods produced out of sweat and hardwork of the people.
 
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ZeEa5KPul

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I think China should make a good faith gesture here. It should halt this escalatory spiral and extend a helping hand to the US. Perhaps it can extend a bailout similar to 2008...

For a 99 year lease on California.
 

Menthol

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Basically China is refusing to run the money printers like America and instead just letting it's currency strengthen. Now America is left with some pretty bad choices.

When China's currency is undervalued America was angry. Now China's currency is not undervalued America is still angry. :yu:

Anyhow, get your dollars out of the static bank account and invest it in inflation proof account.
That is a democratic politician.

Blame the others for their own wrongdoing.

That is how the world ended when finally these people launched nuclear missiles to clean their name for their own mistakes.
 

CIA Mole

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Basically China is refusing to run the money printers like America and instead just letting it's currency strengthen. Now America is left with some pretty bad choices.

When China's currency is undervalued America was angry. Now China's currency is not undervalued America is still angry. :yu:

Anyhow, get your dollars out of the static bank account and invest it in inflation proof account.
There will be no need to devalue the currency once a nation self sufficient in technologically.

The logic behind this is that it will no longer need to export as much to import technology it doesn’t have.

Also high tech exports are price inelastic like semiconductors which people will pay anything for.
 
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FairAndUnbiased

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There will be no need to devalue the currency once a nation self sufficient in technologically.

The logic behind this is that it will no longer need to export as much to import technology it doesn’t have.

Also high tech exports are price inelastic like semiconductors which people will pay anything for.
Semiconductors are not price inelastic. Not by a longshot. In fact when billions of chips are made each year even a few cents change is big money.
 

zectech

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When the dollar collapses, bitcoin is gonna be the world currency. The cia started bitcoin for the purpose of dethroning gold as the anti-dollar play. Washington felt it lost control with the rise of gold and the weakening of the dollar in the financial crisis. So to manage that Washington believed it needed to control both sides of the monetary future. Oligarchs control Republicans and Democrats. Labour and Tories. Conservative and Labour. Oligarchs control the Federal Reserve and started bitcoin. It is the very reason BANKERS promote the use of bitcoin, and tout it as the anti-dollar play. Because bitcoins invention purpose was to assist the cental bankers war on gold.

So it is crazy for the Chinese to want hyperinflation and the collapse of the dollar when dollars flow into China making China rich. Do bitcoins flow into China making China rich.?. Or was bitcoin first invested by trump supporters, making anti-China trolls "mega rich".

So China has to stockpile as much metal, mostly base, to prevent being shut out of the market in the future. While China is rich in the global currency of dollars. Even though massive buying should cause inflation. This is what China needs, reserves of metal - decades worth. And should hedge into bitcoins by mining/buying 2 million bitcoins or more.

China has to look out for China and needs a century's worth of metals stockpiled in the next two decades. Then China is not dependent on imports. And sanctions and blockades won't work against isolating China. With no need of importing raw materials, there is no need for 2 million or more bitcoin.

The goal by the Oligarchs is to treat China as North Korea has been treated for the past decades.

Oligarchs view China as the fattened calf, and are ready to eat.


BTW, since the cia run bitcoin and are the "decentalized" centralized owners of bitcoin. Washington can exclude China from using bitcoin, even delete Chinese owned bitcoin, if Washington finds which bitcoins are owned by China. Rewrite the code.

The code has already been changed when somebody found a loophole and created billions of extra bitcoins. The centralized owners of bitcoin deleted the new bitcoins and REWROTE THE CODE OF BITCOIN, years after the release of bitcoin.

There are little ways of revenge. When bitcoin is collapsing and gold and silver are going up (like happened in May and other times), China needs to bid up silver beyond 100 usd per ounce and gold above 10000 per ounce. And buy heavily into every dip. Destroy the short sellers, destroy the paper market and have gold and silver reach true value.

This would potentially get bitcoin investors back into gold and silver investing, and get gold back to being the anti-dollar play. Ruining the Oligarch short sellers. Temporarily ruining the plans of replacing the dollar with bitcoin. Let the yuan get more valuable than the dollar. Oligarchs want to impoverish China, get hyper wealthy. In such a scenario, usa hyperinflation is a great benefit to China. China benefits from the usa collapse, instead of the usa exporting that collapse to China with the replacement of dollars with bitcoin trade.
 
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