To paraphrase Trotsky, this is precisely why "the American Empire has dynamite built into its foundations". Anyone who thinks that this is a good idea for any country to follow has to be an ideologue, because it invariably exacerbates wealth inequality.
Trade War with China
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To paraphrase Trotsky, this is precisely why "the American Empire has dynamite built into its foundations". Anyone who thinks that this is a good idea for any country to follow has to be an ideologue, because it invariably exacerbates wealth inequality.
This is all above my pay grade but it sounds alright to me anyway.
US relies on selling bonds (debt) to increase the amount of dollar in circulation. China is using currency swaps with other central banks to increase the amount of yuan in the world
Not really The equity or asset that will give superior return for the investment is the superior investment. Treasury might be a sound investment but that's not not the same as the best investment. Apple or Google stock would have been superior investments in the last ten or twenty years over longer term Treasuries, along with many real estate.
Treasuries is the government competing with the private enterprise for investment. Money thrown into Treasuries does not grow the economy unlike money invested in stocks. The more the government competes with the enterprise, the greater the economic burden it is for the enterprise.
China's four trump cards in the trade war. Opinion piece in the Nikkei Asian Review. It consolidates what we have seen happened --- Qualcomm-NXP deal nixed, Facebook ventured cancelled, US airlines pressured on the map on Taiwan, capital outflow and investment to the US halted, buying of US Treasuries halted.
There is unlimited supply of money for profitable investment.
You reasoning is true only in the case of commodity money ( like gold or bitcoin)
Since the tally stick there is no upper limit of money for sound investment.
Alot of US media spreading their agenda.
Telling China is already waiving the white flag, saying China limits media and public attack on Trump, therefore laying the ground work for surrender later.
Also saying alot of foreign companies now leaving China to elsewhere, alot of Chinese will be unemployed. Xi will have no choice but capitulate.
US media very good spreading things and create false narratives hoping to create momentum.
3 years man, no less than 3 years!! You won't get China to surrender till 3 years later if they ever surrender.
Telling China is already waiving the white flag, saying China limits media and public attack on Trump, therefore laying the ground work for surrender later.
Also saying alot of foreign companies now leaving China to elsewhere, alot of Chinese will be unemployed. Xi will have no choice but capitulate.
US media very good spreading things and create false narratives hoping to create momentum.
3 years man, no less than 3 years!! You won't get China to surrender till 3 years later if they ever surrender.
Investors don't print out money.
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