holy FUCK i just realised they moved all our manufacturing abroad and fucked our agriculture sector so that they can inflate the currency without letting the price of consumer goods get high enough for us to notice
god damned jews.
Holy FUCK i just realised they moved all our manufacturing abroad and fucked our agriculture sector so that they can...
Evan Clark
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Nathan Rivera
Yes outsourcing was a way to hidde the inflation by moving jobs to places were people earned less relative to gold , also accelerated the velocity of money by increasing demand for fiat opening markets.
btw it's not jews it's keynsian economists , international trade happened always what was not normal was international trade due to local industries being outcompeted by foreign places were wages relative to gold were 50x cheaper.
Matthew Gutierrez
>it's not jews it's keynsian economists
it is both
Hudson White
the only reason those places stayed 50x cheaper rather than adjusting was currency manipulation, ie the Chinese government (and others too of course, just less) printing their local currency and putting it on international markets cheap so that other countries would keep spending their more valuable currencies there
This is why China owns the most US debt, it's accumulating dollars and using this to invest in improving their military and country infrastructure and their neo-colonization of Africa
That's where your hard-earned money has really been going. Not even to the chink citizens themselves (their wage got inflated away too, no one can afford a house in China), no, it's been going to CCP infrastructure.
Because retards like Obama had no clue what was going on, US has been directly funding the China communist effort.
Jaxson Foster
>Because retards like Obama had no clue what was going on, US has been directly funding the China communist effort.
You are correct but THEY ARE ALL RETARDED, since bretton woods ended all currencies are floating against each other but since they are disconnected from gold that had an inflation of 1.50% they are all floating to hell.
Pic related is very relevant
Enjoy this frens
Eli Cook
Incidentally this is why we desperately need Bitcoin. We need a world currency that cannot be inflated away and people must start demanding to be paid in that currency. It's time to wake up to the jewish and chinese central bank games.
And this is why it's vital that no ((bank)) controls said currency in any way (as the NSA intended with their digital currency papers in the 80s and as the CBDCs intend now)
Preaching to the choir here probably but fuck, it's time to fight back.
Isaiah Cook
Based and Inflationpilled
Crazy to think even rome had tokens and shitcoins
youtube.com
Bitcoin is the best tool we have to fight back , never in history we had such power to break this cycle of decadence.
JOIN OR DIE FUCKERS.
Jaxson Gonzalez
Without moving manufacturing China and the rest of Asia their economies wouldn't have grown so much and there would be a lot less international trade, without that trade, which is almost always denominated in dollars, demand for USD would be way lower than it is today and the US government wouldn't be able to print so much cash and take up so much debt as it has for the last 30 years.
You should read about the Triffins Dilemma, the US needs to have a trade deficit in order to send abroad the liquidity the world demands, if the US had a trade surplus it would be sucking off liquidity from the rest of the world and would cause a huge recession, that's the reason the US can never stop taking up debt.
Tyler Green
>You should read about the Triffins Dilemma, the US needs to have a trade deficit in order to send abroad the liquidity the world demands, if the US had a trade surplus it would be sucking off liquidity from the rest of the world and would cause a huge recession, that's the reason the US can never stop taking up debt.
It's almost as if leaving the gold standard or not creating something like the bancor was a mistake.
Bentley Thompson
Nicely brainwashed, friend, you have it the wrong way around. There is demand for the USD because the US prints LESS than China does. The reason China is cheaper is because it prints MORE than the US. Otherwise wages would eventually balance out.
The only reason China wants the dollar in the first place is because it knows it can simply out-print the US. Otherwise wages would balance and their export economy would collapse. So US value continues to be syphoned to China's government.
If the US were to print on an equal rate as China, again wages would balance and international trade would balance rather than simply transport value to the CCP
It's a race to printing the most, a race to the bottom. For citizens, that is. The governments pocket the value of the money they print, and are free to do with it as they wish. Usually that means the military and for the US the banks (which soak up the QE value), for China whatever companies and colonization projects the CCP wishes to sponsor.
Dominic Cruz
>obongo was clueless.
How can you understand as much as you do and think the presidency isn't in on it?
Ryder Williams
SCHEMERS
Wyatt Martin
>tinfoil hat theories
>turning it into politics
Ngmi
Jordan Reyes
Outsourcing pdoruction to Asia was one of the biggest leaps for westerners when it comes to living standard, you get to buy lots of cheap
stuff. If all electronics for example were produces in the west the cost would be much higher
Eventually, as elon musk predics, everything will become very cheap, even for asians. As automatisation takes over human labor
That is totally wrong. Yuan is begged and usa trade for china is like 5 percent of their gdp
Nicholas Rivera
it's called faustian deal user, before 1971 2 years of minimum wage = a house.
Now check how much real estate inflation had (since it can't be outsourced or imported) to see the real inflation rate.
Outsourcing was a way of hidding that inflation.
Levi King
yes. "exporting inflation"
the huge unending comedy in this is the neo-liberal red*itor loves this system, but this system literally requires slaves to exist in 3rd world countries for it to stay afloat.
any attempts to be honorable and end this situation, the neo-liberal fights because it threatens their lifestyle built on mountains of plastic useless shit
Xavier Sanders
Wtf I love Obama now
John Thomas
Is this why poor people in Thailand all drive 4x4’s that are unaffordable to most Europeans ?
Kevin Williams
No that's a separate reason , europeans have meme welfare states that punish capital accumulation, thailand does not.
Chase Cox
ain¨t going to work with BTC and their stupid 1mb block (inb4 muh lightning) and biz is stupidly anti BSV because aussie man bad.
Blake Fisher
>btw it's not jews
Nice try kike. Everyone knows about you dirty evil Jews
Ian Reyes
I am not saying Trump was any better retards. They are all pawns, I don't care about pokemon Red or Blue. But Trump was right to run on an anti-China message because that got the ameritards riled up and rightfully so.
Pray tell, how is China pegging its Yuan, eva user?
And 5 percent or not (I don't think you are correct there, especially if you look at US enterprise imports), extracted value is extracted value.
Hunter Russell
Eventually they are going to run out of cheap places to build shit. We will see if automation arrives before that time.
Noah Morris
the BTC/BCash/BSV debate is details. The point is store of value, you can always trade in and out of something less secure but more liquid for spending. In fact using RUNE you can do so completely safe and decentralized, Cosmos chain is already fast enough to accommodate for simple spending. Plenty others soon.
Joshua Johnson
Doesn't matter - BTC can be slow because it's like gold. Gold takes longer to transfer than dollar bills but that doesn't affect its price.
DeFi tokens issued by companies will eventually replace the dollar. You'll work for a week in the wagiecagie warehouse, and receive your "paycheck" as a weekly deposit of AmazonCoin into your wallet. Then you go to a DeFi exchange to exchange your Amazon coin for TendiesTokens issued by McDonalds so you can buy the McDouble. These tokens are all exchangeable for BTC, which effectively eliminates the need for a bank.
Justin Rodriguez
checked
look at what Bakkt is building. its exactly this...they want to create a market for every different "gift card credit" from all major retailers. the goal is just that: exchange your 1000 airline miles for 3x large pizzas.
they want this universal wallet to also house fiat + btc and for them all to be exchangeable.
being the owners of the nyse, they just might make this happen. their vision is to earn a fraction of penny as the exchange.....
Lincoln Wright
if there is a hell, Milton Friedman is burning in it
Lincoln Gutierrez
>btw it's not jews it's keynsian economists
Then why did Hitler kill all of those people
Angel Morales
when you say 'the US' i think it's important to note that it's actually quite a small portion of the US financial elite that has been building up the CCP- I'd specifically point to the Rockefellers
David Rockefeller China
The first American banker received by Premier Zhou Enlai
After Nixon's "ice-breaking" 1972 visit to China, David Rockefeller came to China in 1973. He was the first American banker to visit the People's Republic of China since its foundation in 1949, and was received by Premier Zhou Enlai in a night-meeting.
Elijah Barnes
Milton Friedman was actually against QE because it transfers the inflation money just to the banks. His ideal was helicopter money, which is a type of inflation that doesn't benefit any selective group.
Sort of what AMPL tried to do but of course that doesn't work either. The closest we will get to fair, steady inflation is mining, or node validation like ETH, sadly.
Jonathan Lopez
nope
every single president is gentile: they are the ones that moved manufacturing overseas
bernie, the jewish candidate, wanted to bring manufacturing jobs back here
it's everyone's fault but the jews you goy fuck
Benjamin Lee
yes, very true. The bankers have a hand in them, just as they did with raising up the soviets, but as with the soviets, the CCP has its own interests and is not a simple puppet to the banks anymore.