<abuse@192.168.1.1> wrote in message
news:134sb1ht5tfmv8c@corp.supernews.com...
grinder wrote:
<abuse@192.168.1.1> wrote in message
news:134s3kf5lmo4ecc@corp.supernews.com...
What's wrong with this scenario:
You print some dollars using some paper and ink.
Then you give those dollars to the Chinese.
And the Chinese give you some REAL goods.
What's wrong with that?
The only thing wrong with that is:
U.S. Treasuries are not dollars.
What's wrong with this scenario:
The Chinese lend the U.S. billions of dollars at a low interest rate.
Over many years the dollar loses a significant amount of its value.
The U.S. repays the Chinese the original amount in dollars after the
dollar losing all that value.
In which Chinese lost a significant amount of their original investment.
What's wrong with that?
You assume the Chinese investment strategy is to buy high and sell low.
Anyway if the dollar lost a significant amount of it's value we would be in
a great depression.
Are you saying what's wrong with that?
.
