Re: China is financing US enormous deficit
- From: The Trucker <mikcob@xxxxxxxxxxx>
- Date: Tue, 23 Oct 2007 10:59:36 -0700
On Tue, 23 Oct 2007 08:00:22 -0700, david_huang2007 wrote:
The problem is that we, the Chinese taxpayers, are paying for it by
our government buying all these T-bonds that your gov't issues.
And I wonder why the hell you keep working your ass off to send us more
hoola hoops. I know that we kee buying them but you just take the money
and stuff it in your mattress. You are working your ass off for mattress
stuffing. I can't figger it out.
You
make too many noises about the trade deficit, how faulty Chinese
products allegedly are, complain about Chinese investments in the USA,
which may be deemed "national security risk" etc.
That's right. We expect you people to save less and spend more. We may
not have anything you want other than out natural resources but you can go
buy stuff from other nations using those dollars. Why do you insist on
stuffing your mattress with them? HMMMMMMMMMMMMMMMMMMMMMMMMMMM??? Is it
because you want to own us as a colony? Why not build yourselves a lot of
infrastructure with all that dough? A really cool high speed rail system
and a better power grid than we have here, and etc. But NOOOOOOOOOOOO!
You gotta save it all up and try to by our land and other resources.
But if my gov't
pulls all its 1.45 trillion (1,450,000,000,000) dollar reserves at
once, expect an inflation rate spike almost overnight, which is bound
to spike your interest rate by at least 0.75 base points. Let's see
you then threatening us with economic measures...
Bring it on! We will just print the money and buy those T-bills and laugh
our butts off. You can start buying the raw materials you need for your
infrastructure and your people or you can suck eggs. We will not sell you
the mines, the oil wells, or the land itself. No matter what happens
there will be inflation in the USA because of the actions of the
Republicans and YOU. Higher interest rate are not the answer for the
American people. Higher interest rates are the answer for the rich people
that have all the T-bills and the money. Inflation hurts people that HAVE
money. It don't hurt those who have no money. T-bills are simply
interest bearing dollars.
Well.... I take it back. The &^&*$#&^#% Republicans probably would
sell all the natural resources if they thought it would increase the
economic difference between them and the rest of America.
--
"I know no safe depository of the ultimate powers
of society but the people themselves; and
if we think them not enlightened enough to
exercise their control with a wholesome
discretion, the remedy is not to take it from
them, but to inform their discretion by
education." - Thomas Jefferson
http://GreaterVoice.org/extend
.
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- From: david_huang2007
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