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@laurel > demand for dollars has kept our borrowing rates low, it has also kept currency markets distorted.
who enforced this and is benefiting? literally exchanging printed paper for physical gold, oil, time of work? nigger
>For example, in the years running up to the 2008 crash, China bought mortgage debt
double nigger, Bush sold china on the idea to increase foreign reserves via the fed not with T bills but with agency bonds. USA needed to sell those agency MBS because its own banks are saturated. more holders of MBS lower mortgage interest, you think buyers of those bonds benefit from lower interest?
let me put it in laymens terms, if america has an ISSUE exporting bonds to foreigners, they should ban the sale of it entirely. i support this policy fully. https://www.ginniemae.gov/newsroom/publications/Documents/foreign_ownership_mbs.pdf
turning AAA MBS into dogshit isnt china, its american banks, they are the ones giving every american prostitute a mansion and packing it into extremely low return bonds. Also china had to bail out america during the 2008 crisis buying t bills. NOT making that mistake again.
>First, other countries can accept tariffs on their exports to the United States without retaliation
fuck you triple nigger, why should anyone. the whole idea of it is a paradox. how can you both get to have high exchange rate and competitive exporting advantage. Someone has to eat your inflation and let you vampire off wealth? kill yourself.
>Second, they can stop unfair and harmful trading practices by opening their markets and buying more from America
yeah, what do you sell? more bonds i bet, which you will blame everyone for buying. quad fuck nigger has the balls to mention american weapons. IS THERE NOTHING ELSE OF VALUE YOU CAN MAKE
4,5,6 continues to be retard bait. this entire messaage is targeted to appease nigger cattle, as if going to that page has already filtered out >80 iq.
dont be mad. most of the niggers are directed to whoever wrote that dick sucking piece.
american is going indian, so much winning, everything is a win. cant stop.