China: Fed needs to stop printing money, currency wars on the way | TigerDroppings.com
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joshnorris14
Florida Fan
Florida
Member since Jan 2009
21474 posts

China: Fed needs to stop printing money, currency wars on the way



WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: China: Fed needs to stop printing money, currency wars on the way
quote:

currency wars on the way


good thing i have a bunch of bitcoins then


WildTchoupitoulas
RA:18h 49m 59.0s, dec:-8° 33' 55.3"
Member since Jan 2010
18890 posts

re: China: Fed needs to stop printing money, currency wars on the way
quote:

bitcoins

Gold
Silver
Lead
Brass

ftw


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Porky
Arkansas Fan
Member since Aug 2008
14256 posts
Online

re: China: Fed needs to stop printing money, currency wars on the way
It's probably pretty good advice. And I would normally have no problem with it if it wasn't coming from the Chinese. They're some sneaky bastards.


tigeraddict
LSU Fan
Baton Rouge
Member since Mar 2007
5007 posts

re: China: Fed needs to stop printing money, currency wars on the way
China wants a strong dollar so we can buy more of their cheap junk



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joshnorris14
Florida Fan
Florida
Member since Jan 2009
21474 posts

re: China: Fed needs to stop printing money, currency wars on the way
quote:

It's probably pretty good advice. And I would normally have no problem with it if it wasn't coming from the Chinese. They're some sneaky bastards.


They aren't sneaky in this regard. They own a lot of US debt. They have a vested interest in being paid back in equally valuable currency as they lent.


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WildTchoupitoulas
RA:18h 49m 59.0s, dec:-8° 33' 55.3"
Member since Jan 2010
18890 posts

re: China: Fed needs to stop printing money, currency wars on the way
quote:

They're some sneaky bastards.

They're not sneaky at all. All you have to do is think, "What would be in the best long-term interests of the Chinese?" the problem is too many Americans lack the capacity to put themselves in others' shoes, so they often are surprised.

If you want to learn about Chinese tactics there are two books out that you should read:

The Art of War

and

The Prince

It's all in there.


shinerfan
LSU Fan
Duckworld(Earth-616)
Member since Sep 2009
6729 posts
Online

re: China: Fed needs to stop printing money, currency wars on the way
So what sort of moves would a currency war consist of?


ShoeBang
New Orleans Pelicans Fan
Member since May 2012
4880 posts

re: China: Fed needs to stop printing money, currency wars on the way
quote:

So what sort of moves would a currency war consist of?


Hadoken


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RCDfan1950
LSU Fan
United States
Member since Feb 2007
12853 posts

re: China: Fed needs to stop printing money, currency wars on the way
quote:

They're some sneaky bastards.


Bold, wise and pragmatic...with a measure of ruthless! Regardless, it ain't right for anybody who produces and saves in dollars.



Placebeaux
LSU Fan
One man's LOL is another man's WTF
Member since Jun 2008
27558 posts

re: China: Fed needs to stop printing money, currency wars on the way
China could be mad that the Fed is devauling the dollar(inflation) faster than the interest they are charging for their loans to us.

The EU telling the Fed something is like my left hand bitching at my right hand.

I sense a push to move oil off of the dollar and when that happens.......We will be Greece.


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Porky
Arkansas Fan
Member since Aug 2008
14256 posts
Online

re: China: Fed needs to stop printing money, currency wars on the way
quote:

If you want to learn about Chinese tactics there are two books out that you should read:

The Art of War

and

The Prince

It's all in there.

I have read Sun Tzu's Art Of War but I haven't read The Prince. I'll have to check it out. You are right. I was being a bit facetious with my remark. They're very shrewd people.


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SundayFunday
LSU Fan
Member since Sep 2011
5605 posts

re: China: Fed needs to stop printing money, currency wars on the way
Don't forget a usable population in the Billions


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jcole4lsu
Virginia Fan
The Kwisatz Haderach
Member since Nov 2007
27738 posts

re: China: Fed needs to stop printing money, currency wars on the way
as if china has any room to talk. nobody dicks with their currency more than those bastards


joshnorris14
Florida Fan
Florida
Member since Jan 2009
21474 posts

re: China: Fed needs to stop printing money, currency wars on the way
Are you going to spread propaganda in this thread? Is that what you are going to do?


WildTchoupitoulas
RA:18h 49m 59.0s, dec:-8° 33' 55.3"
Member since Jan 2010
18890 posts

re: China: Fed needs to stop printing money, currency wars on the way
quote:

as if china has any room to talk. nobody dicks with their currency more than those bastards

Wow, f'realz?



LittlebyLittle
West Virginia Fan
slidell.la.
Member since Nov 2012
194 posts

re: China: Fed needs to stop printing money, currency wars on the way
Here we go!....hang onto your hats/asses people-----we are in for a long ride. INFLATION looms ---couple this with the 165 million obama has commited to Syria today--{who will get and disburse this $?}----obamas money-tree will soon wilt at the vine but we will all pay dearly.FORWARD


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90proofprofessional
LSU Fan
Member since Mar 2004
11146 posts
Online

re: China: Fed needs to stop printing money, currency wars on the way
quote:

Are you going to spread propaganda in this thread?

he/she has a good point.

although i wouldn't go so far as to say "nobody" fricks with their currency as much as china.

adding to their hypocrisy, they whine and give these veiled threats, but they already initiated this "trade war" by having purposefully kept their currency artificially low for trade balance reasons.
This post was edited on 1/29 at 4:10 pm


joshnorris14
Florida Fan
Florida
Member since Jan 2009
21474 posts

re: China: Fed needs to stop printing money, currency wars on the way
quote:

he/she has a good point.


No he doesn't.

He has no point. China's equivalent of the US' Federal Funds Rate has been much higher than the US' for a very long time.

The hypocrisy is entirely on the US, and has been entirely on the US.


90proofprofessional
LSU Fan
Member since Mar 2004
11146 posts
Online

re: China: Fed needs to stop printing money, currency wars on the way
quote:

He has no point. China's equivalent of the US' Federal Funds Rate has been much higher than the US' for a very long time.

i'm outta here.


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