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Hyperinflation Will begin In China And It Will Destroy The Dollar

 
Anonymous Coward
User ID: 588574
Germany
01/25/2009 07:34 PM
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Hyperinflation Will begin In China And It Will Destroy The Dollar
I view hyperinflation in China as absolutely guaranteed. Zero doubt. China is dismantling all the measures it has put in place over the years to fight inflation. It is dropping restrictions on purchasing property, eliminating price controls, getting rid of loan quotas, lowering interest rates, ceasing its sterilization efforts, etc… It is also pulling out all the stops to boost government spending and new loan creation.

[link to www.gold-eagle.com]
Anonymous Coward
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United States
01/25/2009 07:36 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
BUMP

It's about to happen.
Anonymous Coward
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01/25/2009 07:44 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
I believe it. We will have no choice buy to pay whatever the cost until we get our manufacturing plants back on line.
Eagle # 1
User ID: 594906
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01/25/2009 07:46 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
AND, IF the break their tie to the dollar ?

Then what ?????

Eagle
Eagle # 1
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01/25/2009 07:49 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
OR, if they spend a few BILLION of their dollars to buy gold BEFORE the dollar crashes ? Tight market out there right NOW !

Then what, as if I had to ask ?

Eagle
Hypertiger
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Canada
01/25/2009 07:54 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
A hyperinflation of the money supply in China will cause the products the Chinese export to become cheaper in the USA...Not more expensive.

The guy is a moron.
Anonymous Coward
User ID: 594906
United States
01/25/2009 07:55 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
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 !
Eagle # 1
User ID: 594906
United States
01/25/2009 07:58 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
Hi, hypertiger !

Are you the one from Canada ?

Thanks in advance .

Eagle
Anonymous Coward
User ID: 550745
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01/25/2009 08:17 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
What the fuck? China unpegged from the dollar like 4 years ago didn't it?
Anonymous Coward
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Puerto Rico
01/25/2009 08:35 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
The ride really takes off this year.

Buckle up kiddies cuz the show has started for real.
Anonymous Coward
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Canada
01/25/2009 08:38 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
What the fuck? China unpegged from the dollar like 4 years ago didn't it?
 Quoting: Anonymous Coward 550745


no. they allow it to move, but it is still managed.
Anonymous Coward
User ID: 594859
Canada
01/25/2009 08:41 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
A hyperinflation of the money supply in China will cause the products the Chinese export to become cheaper in the USA...Not more expensive.

The guy is a moron.
 Quoting: Hypertiger 508867


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.
Anonymous Coward
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United States
01/25/2009 09:16 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
The ride really takes off this year.

Buckle up kiddies cuz the show has started for real.
 Quoting: Anonymous Coward 600741


Word is spreading fast amongst the rich in China to get ready for a dollar meltdown.
Skaven
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Sint Maarten
01/25/2009 09:21 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
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.
Anonymous Coward
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Canada
01/25/2009 11:35 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
bump
Anonymous Coward
User ID: 575967
United States
01/25/2009 11:36 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
OK.

I looked at all the stuff in my house today that I use daily. 99% of it is made in the US or Canada. The useless crap I don't use daily comes from China. Oh well.
Anonymous Coward
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01/25/2009 11:39 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
A hyperinflation of the money supply in China will cause the products the Chinese export to become cheaper in the USA...Not more expensive.

The 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.
 Quoting: Anonymous Coward 594859



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!
.
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China
01/26/2009 12:18 AM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
A hyperinflation of the money supply in China will cause the products the Chinese export to become cheaper in the USA...Not more expensive.

The guy is a moron.
 Quoting: Hypertiger 508867

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
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
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
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
A hyperinflation of the money supply in China will cause the products the Chinese export to become cheaper in the USA...Not more expensive.

The 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!
 Quoting: Anonymous Coward 575967

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.
Anonymous Coward
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01/26/2009 12:29 AM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
hey hypertiger! Post here more often! Don't worry about the insults, they come with posting here.

It's all good, asshole!

5a
mathetes

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01/26/2009 12:31 AM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
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.
 Quoting: aznwarlord

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
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United States
01/26/2009 12:53 AM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
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.
 Quoting: aznwarlord


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
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
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.
 Quoting: aznwarlord



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
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
A hyperinflation of the money supply in China will cause the products the Chinese export to become cheaper in the USA...Not more expensive.

The 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.
 Quoting: aznwarlord


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
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
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.


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!!
 Quoting: Anonymous Coward 575967


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
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
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 593092



China 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. hf
Anonymous Coward
User ID: 575967
United States
01/26/2009 01:13 AM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
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.
 Quoting: aznwarlord



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.
Anonymous Coward
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United States
01/26/2009 01:44 PM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
bump!!!!
rken
User ID: 609469
Russia
02/07/2009 10:28 AM
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Re: Hyperinflation Will begin In China And It Will Destroy The Dollar
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.





GLP