Conversation

Notices

1. Embed this notice
   Chinese man ? #nobot (iamal_pharius@poa.st)'s status on Friday, 11-Apr-2025 22:53:28 JST Chinese man ? #nobot
   American trade imbalance wall of text (chinese propaganda)
   
   America leaving the brettonwood system and removing the gold peg has been manipulating its currency to stay on top for over half a century.
   
   everyone knows about the oil wars and plaza accords. "reeeeeeee its not about oil, America has oil its about jews"
   shut the fuck up. its about control of trade in USD.
   
   Being the "safest place on earth" away from all that "war and mass immigration" USA artificial appreciates its value, attracting all flows of money into the USA. This is seen in the capital/ financial accounts surplus. More people want to trade in USD and therefore need their central banks to hold USD bonds. every time someone needs usd to trade, their own central bank has to buy bonds from USA transferring that into USA capital surplus.
   
   With this demand for USD, usa can cheaply purchase goods elsewhere. With 5 American dollars, you can go further with a 2x4 merchant in Vietnam that a 2x4 merchant in USA.
   
   hence usa can leverage its high value dollar to go on a shopping spree. whenever it needs more dollars, it just prints more. the people holding onto dollar bonds are the losers as the value is diluted.
   
   Trade surplus or deficit is karmic, it will ALWAYs balance itself out unless you go bankrupt. unless you're America, able to generate chaos elsewhere, beat people into using dollar, print it to shit.
   
   If there is no capital surplus, there is no trade deficit. To have one you have to do the hour. you cannot have the strongest currency in existence and still produce cheaper than a nigerian laborer.
   
   what trump is saying about trade surplus is a fucking lie. America is a drug addict with a hiv needle who will poke you if you dont give him 20 dollars. EVERY fucking person on earth has been absorbing inflation and paying for American lifestyle for 50+ years. American is a Liar and Thief.
   
   USA just printed half of all dollars in existence since 2020. Japan the RAPED can no longer hold on to us bonds without going bankrupt. EU has been deindustrialized. so now comes the question. Where the fuck is America going to get their capital accounts surplus? Without that america CANNOT afford to buy overseas stuff.
   
   "we just make it ourselves. like we used to" ok so you depreciate dollar to sell things first. do it and let me see the conviction. LOOK INTO MY EYES AS YOU DO IT. MAKE IT LOWER THAN PESO. Mexicans will go to texas to party on the cheap.
   
   There is no explaination why the fuck trump will kill the american cash cow. Is there trade imbalance? yes. Does the trade imbalance means that america is losing wealth? NO. Ok lets change that, kill any reason another central bank will buy us debt. Raise tariffs on the thing USA cant actually afford to produce on its one. Infinite depression cycle.
   
   americans keep blaming every other person on earth except themselves for digging this hole. "im not part of the system thats not me" its you, nigger its you who scream out in rage "cambodia is eating our lunch, let them find out why we dont have healthcare", goes home and buys a korean car. NIGGER
   
   thank you donald trump for killing the single largest currency manipulator on the planet. I love you. do your thang.
   
   4th "once in a lifetime" economic crisis. still here.
   come at me bitch nigger
   • Embed this notice
     Ulysses (professionalbigot69@poa.st)'s status on Friday, 11-Apr-2025 23:01:55 JST Ulysses

     in reply to
     @IAMAL_PHARIUS to the average American, nothing's happening
     
     because nothing ever does
     
     nothing ever happens in America
     Chinese man ? #nobot likes this.
   • Embed this notice
     Chinese man ? #nobot (iamal_pharius@poa.st)'s status on Friday, 11-Apr-2025 23:02:04 JST Chinese man ? #nobot

     in reply to

     • Ulysses
     @professionalbigot69
   • Embed this notice
     Chinese man ? #nobot (iamal_pharius@poa.st)'s status on Saturday, 12-Apr-2025 03:12:09 JST Chinese man ? #nobot

     in reply to

     • laurel
     @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.
   • Embed this notice
     laurel (laurel@fsebugoutzone.org)'s status on Saturday, 12-Apr-2025 03:12:11 JST laurel

     in reply to
     @IAMAL_PHARIUS
     
     This has been debunked by the White House:
     https://www.whitehouse.gov/briefings-statements/2025/04/cea-chairman-steve-miran-hudson-institute-event-remarks/
     
     >But our financial dominance comes at a cost. While it is true that demand for dollars has kept our borrowing rates low, it has also kept currency markets distorted. This process has placed undue burdens on our firms and workers, making their products and labor uncompetitive on the global stage, and forcing a decline of our manufacturing workforce by over a third since its peak1 and a reduction in our share of world manufacturing production of 40%.
     >For example, in the years running up to the 2008 crash, China along with many foreign financial institutions, increased their holdings of U.S. mortgage debt, which helped fuel the housing bubble, forcing hundreds of billions of dollars of credit into the housing sector without regard as to whether the investments made sense. China played a meaningful role creating the Global Financial Crisis. It took almost a decade to recover, until President Trump got us back on track in his first term.
     >First, other countries can accept tariffs on their exports to the United States without retaliation, providing revenue to the U.S. Treasury to finance public goods provision.
     >Second, they can stop unfair and harmful trading practices by opening their markets and buying more from America
     >Third, they can boost defense spending and procurement from the U.S., buying more U.S.-made goods, and taking strain off our servicemembers and creating jobs here;
     >Fourth, they can invest in and install factories in America. They won’t face tariffs if they make their stuff in this country;
     >Fifth, they could simply write checks to Treasury that help us finance global public goods.
     steveo.png
     Chinese man ? #nobot likes this.
   • Embed this notice
     Chinese man ? #nobot (iamal_pharius@poa.st)'s status on Saturday, 12-Apr-2025 04:04:53 JST Chinese man ? #nobot

     in reply to

     • laurel
     @laurel i have a very weird feeling this guy is faking his credentials. if he did this for trump he poked a hole in GAE.
   • Embed this notice
     laurel (laurel@fsebugoutzone.org)'s status on Saturday, 12-Apr-2025 04:04:55 JST laurel

     in reply to
     @IAMAL_PHARIUS
     
     I found the piece hilarious. It's completely deranged, a fever dream.
     Pic was the author btw.