Hyperinflation Will begin In China And It Will Destroy The Dollar | |
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Anonymous Coward User ID: 594906 United States 01/25/2009 07:55 PM Report Abusive Post Report Copyright Violation | HOWEVER, as the Chinese were always into silver, change that few BILLION into buying in the VERY tight silver market! The, we would see massive losses by the Gold/Silver naked shorts, and the collapse of the Comex. Hooray ! Let's start the cellebration a little ahead of time. I'll bring the marshmellows and a match. Don't forget extra rope for ALL our 'friends' in high places ! |
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Anonymous Coward User ID: 594859 Canada 01/25/2009 08:41 PM Report Abusive Post Report Copyright Violation | A hyperinflation of the money supply in China will cause the products the Chinese export to become cheaper in the USA...Not more expensive. Quoting: Hypertiger 508867The guy is a moron. yer an idiot moron. so if the chinese start printing, and do not sterilize by............. converting to US treasuries............and stop buying them...... what happens to the US dollar you turnip? please try to think more than one step ahead. |
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Skaven User ID: 207505 Sint Maarten 01/25/2009 09:21 PM Report Abusive Post Report Copyright Violation | He has the right symptoms but wrong diagnosis. The story goes like this: - China has been experiencing a trade surplus, and Chinese companies have been converting profits into yuan. Yes, that means China has been printing more yuan (inflationary) - Yes, China fought this by raising the reserve requirements on banks and soaking up the excess liquidity - China has now lowered the reserve requirement and is pumping these yuan into the economy as stimulus Now, let's think about this logically. China's money supply grows as yuan that were previously printed are dumped back into the economy. Inflation (though not necessarily HYPERinflation - and frankly, a pet peeve of mine, that word has been overused lately). Hyperinflation destroys one's currency, it doesn't strengthen it. The printing of so many yuan will make it weaker, not stronger. If anything, this could cause a massive DEVALUATION of the currency to solve the problem. Sheesh. |
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Anonymous Coward User ID: 575967 United States 01/25/2009 11:39 PM Report Abusive Post Report Copyright Violation | A hyperinflation of the money supply in China will cause the products the Chinese export to become cheaper in the USA...Not more expensive. Quoting: Anonymous Coward 594859The guy is a moron. yer an idiot moron. so if the chinese start printing, and do not sterilize by............. converting to US treasuries............and stop buying them...... what happens to the US dollar you turnip? please try to think more than one step ahead. A weaker dollar is a good thing for the USA! Why do you think the Chinese keep their currency so grossly undervalued? They realize if they raise it manufacturing will be cheaper elsewhere and will collapse them. If we have a weaker USD we can bring manufacturing back to the states. This dollar rally since late last year has killed US steel exports. It is hurting our economy! |
. User ID: 601098 China 01/26/2009 12:18 AM Report Abusive Post Report Copyright Violation | A hyperinflation of the money supply in China will cause the products the Chinese export to become cheaper in the USA...Not more expensive. Quoting: Hypertiger 508867The guy is a moron. He also ignores this fact , the new markets China is now courting(successfully too) are the bottom end of the market, ie Africa. Business will change for everyone and China will still keep producing. |
Anonymous Coward User ID: 601029 United States 01/26/2009 12:26 AM Report Abusive Post Report Copyright Violation | you guys dont understand china has no debt what so ever the chinese banking system is completely clean of bad toxic debt china is the only country having inflation because it has to print to meet with its surplus however when they depeg and SELL all the dollar reserves that they have they will stop the inflation. that is what they will do soon because its getting out of hand. |
Anonymous Coward User ID: 601029 United States 01/26/2009 12:29 AM Report Abusive Post Report Copyright Violation | A hyperinflation of the money supply in China will cause the products the Chinese export to become cheaper in the USA...Not more expensive. Quoting: Anonymous Coward 575967The guy is a moron. yer an idiot moron. so if the chinese start printing, and do not sterilize by............. converting to US treasuries............and stop buying them...... what happens to the US dollar you turnip? please try to think more than one step ahead. A weaker dollar is a good thing for the USA! Why do you think the Chinese keep their currency so grossly undervalued? They realize if they raise it manufacturing will be cheaper elsewhere and will collapse them. If we have a weaker USD we can bring manufacturing back to the states. This dollar rally since late last year has killed US steel exports. It is hurting our economy! ahaha dude go get a grib and think outside the box. the dollar will not get weaker but totaly collapse. and from what im seeing the governmt will resort to raw printing to keep bailing out and to keep harming the system this will cause hyperinflation in the united states. by the time this is done america will be a 3rd world garbage pit. |
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mathetes User ID: 514914 United States 01/26/2009 12:31 AM Report Abusive Post Report Copyright Violation | you guys dont understand china has no debt what so ever Quoting: aznwarlordthe chinese banking system is completely clean of bad toxic debt china is the only country having inflation because it has to print to meet with its surplus however when they depeg and SELL all the dollar reserves that they have they will stop the inflation. that is what they will do soon because its getting out of hand. China's foreign debt up 15.68% in 2007 China's medium and long-term borrowing totaled 153.53 billion U.S. dollars at the end of last year, an increase of 14.17 billion U.S. dollars, or 10.17 percent, according to the SAFE. Meanwhile, the country's short-term borrowing increased 36.46 billion U.S. dollars to 220.08 billion U.S. dollars, up 19.85 percent. [link to news.xinhuanet.com] For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in. |
Anonymous Coward User ID: 575967 United States 01/26/2009 12:53 AM Report Abusive Post Report Copyright Violation | you guys dont understand china has no debt what so ever Quoting: aznwarlordthe chinese banking system is completely clean of bad toxic debt china is the only country having inflation because it has to print to meet with its surplus however when they depeg and SELL all the dollar reserves that they have they will stop the inflation. that is what they will do soon because its getting out of hand. You are moron, china also doesn't have the raw materials to maintain their manufacturing base(they import them all), they don't have enough food for well over a billion people, they don't have enough water!! 4/5s of their agriculture is irrigated with aquifers that are being quickly depleted. If they depeg they will collapse you azn moron!! |
Anonymous Coward User ID: 575967 United States 01/26/2009 01:01 AM Report Abusive Post Report Copyright Violation | ahaha dude go get a grib and think outside the box. Quoting: aznwarlordthe dollar will not get weaker but totaly collapse. and from what im seeing the governmt will resort to raw printing to keep bailing out and to keep harming the system this will cause hyperinflation in the united states. by the time this is done america will be a 3rd world garbage pit. Plus hyperinflation in the US will stave a few billion people, since we are a net calorie exporter & produce 1/3 of the world's food. GOOD LUCK!! |
Anonymous Coward User ID: 593092 United States 01/26/2009 01:05 AM Report Abusive Post Report Copyright Violation | A hyperinflation of the money supply in China will cause the products the Chinese export to become cheaper in the USA...Not more expensive. Quoting: aznwarlordThe guy is a moron. yer an idiot moron. so if the chinese start printing, and do not sterilize by............. converting to US treasuries............and stop buying them...... what happens to the US dollar you turnip? please try to think more than one step ahead. A weaker dollar is a good thing for the USA! Why do you think the Chinese keep their currency so grossly undervalued? They realize if they raise it manufacturing will be cheaper elsewhere and will collapse them. If we have a weaker USD we can bring manufacturing back to the states. This dollar rally since late last year has killed US steel exports. It is hurting our economy! ahaha dude go get a grib and think outside the box. the dollar will not get weaker but totaly collapse. and from what im seeing the governmt will resort to raw printing to keep bailing out and to keep harming the system this will cause hyperinflation in the united states. by the time this is done america will be a 3rd world garbage pit. the usa is owned and run by greedy evil people. The people in the usa are as dumb as rocks. Perfect opportunity to pilage and misue them all these years. Now the evil greedy ones are about done with the usa citizens. So its time to pull the plug and send them to their peasant life style that they will feel at home with. |
Anonymous Coward User ID: 601029 United States 01/26/2009 01:08 AM Report Abusive Post Report Copyright Violation | you guys dont understand china has no debt what so ever Quoting: Anonymous Coward 575967the chinese banking system is completely clean of bad toxic debt china is the only country having inflation because it has to print to meet with its surplus however when they depeg and SELL all the dollar reserves that they have they will stop the inflation. that is what they will do soon because its getting out of hand. You are moron, china also doesn't have the raw materials to maintain their manufacturing base(they import them all), they don't have enough food for well over a billion people, they don't have enough water!! 4/5s of their agriculture is irrigated with aquifers that are being quickly depleted. If they depeg they will collapse you azn moron!! ahahaha dude did you even read the article? china has the biggest manufacurting base in the world. from africa to russia people buy and import chinese products then they sell china raw materials. depeging is the best they can do as long the the world can see china as the new leader. if china does not depeg they will see hyperinflation and the destruction of the yuan, not going to happen. walmart will still be the top retailer in the world with chinese goods. |
Anonymous Coward User ID: 575967 United States 01/26/2009 01:09 AM Report Abusive Post Report Copyright Violation | the usa is owned and run by greedy evil people. The people in the usa are as dumb as rocks. Perfect opportunity to pilage and misue them all these years. Now the evil greedy ones are about done with the usa citizens. So its time to pull the plug and send them to their peasant life style that they will feel at home with. Quoting: Anonymous Coward 593092China gained their wealth by using beggar-thy-neighbor economics. So tell me again who the real evil people are? Oh wait, you probably don't even know what that is, douchebag. |
Anonymous Coward User ID: 575967 United States 01/26/2009 01:13 AM Report Abusive Post Report Copyright Violation | ahahaha dude did you even read the article? Quoting: aznwarlordchina has the biggest manufacurting base in the world. from africa to russia people buy and import chinese products then they sell china raw materials. depeging is the best they can do as long the the world can see china as the new leader. if china does not depeg they will see hyperinflation and the destruction of the yuan, not going to happen. walmart will still be the top retailer in the world with chinese goods. They don't get all their raw materials from Russia and Africa LOL. They get most of their cotton from the USA and other raw materials from the UK, Canada, etc. They can take their plastic pumpkin crap and stick it. They don't' export anything that isn't already being made in the US or Canada. If they depeg their 2 biggest importers will crumble, the US & Europe. You think they will just truck along after that? Not even you are that stupid. |
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rken User ID: 609469 Russia 02/07/2009 10:28 AM Report Abusive Post Report Copyright Violation | If china owns hundreds of billions of US debt. It would only make sense that if they collapse the dollar they would lose billions. Why would they do it. Not to mention crash the world economy and all of there trade partners along with it. It doesn't make sense that they would make a move to collapse the dollar. Or am I missing something. The US is in a unique place in the world economy and if has a monetary collapse there will economic devastation all over the world when most of the developed and developing nations follow suit. There would be riots and changes in governments and I don't see anyone or country gaining from the US collapse. |