China can help US out of its inflation trap

[FairAndUnbiased]

chip prices have risen up to 10x for many major applications

in production phase it is too risky to switch parts out hence why prices are less elastic at that point. also because for safety critical applications like automotive you need to get new suppliers certified.

in design phase a few cents per part is worth switching because even for a small run of 100k products per year on a coffee machine sold on Amazon, that's thousands of dollars for each part you save on.

 

[Cheehg]

It's time for USA to drink its own medicine. USA is maximized its credit cards. Only paying minimum amount is not enough anymore. We need them to pay the balance. The rest of the world should not continue supporting USA abusing them.

 

[j20blackdragon]

When the dollar collapses, bitcoin is gonna be the world currency.

As of 2021, there are over 10,000 different cryptocurrencies listed, with that number rising daily. With the exception of the gold-backed stablecoins, I'm guessing the vast majority of cryptocurrencies are worth absolutely nothing. But the dollar will certainly collapse — that much I agree with.

The cia started bitcoin for the purpose of dethroning gold as the anti-dollar play.

Yeah, the CIA created Bitcoin and then allowed China to seized control of over 51% of the total network hashrate. Makes perfect sense to me.

China has to look out for China and needs a century's worth of metals stockpiled in the next two decades.

China doesn't need to stockpile anything. Oyu Tolgoi, in the South Gobi region of Mongolia, is one of the largest known copper and gold deposits in the world. Mongolia's mineral wealth is larger than you think and much of it is unexplored. Vietnam has MASSIVE bauxite reserves, they don't even use it.

Then China is not dependent on imports. And sanctions and blockades won't work against isolating China.

I hope you realize a naval blockade would be a declaration of war on China.

China can use the H-20 and strike Saudi oil facilities, destroying both the petrodollar and European economies in one fell swoop. China can literally light the oil fields on fire with H-20 strikes like Saddam did to Kuwait in 1991. If China can't have oil, no one else will either. The PLA can sweep into Kazakhstan and secure enough oil for the next century. There's even more oil in the South China Sea, and that entire maritime region is protected by ASBM, HGV, and a 350-ship navy. Can Europe do the same?

 

[Yongpeng Sun-Tastaufen]

Send the money to China. Inflation problem solved.

 

[VCheng]

Send the money to China. Inflation problem solved.

Let the Yuan find its true value by market forces, not government manipulation, and everything will be okay.