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Can we pay them in Yaun?

GilWilson1
Now that the Chinese have devalued their currency couldn't we pay em some of what we owe with their crappy Yaun devalued?
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Comments

8 comments

Date Votes
  • mac10
    just a ploy to make their goods look like a bargain
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  • spasmcreek
    they have played this game before after we were STUPID enuff to give them MFN status....we let them stack the deck and now they play the offended innocent when TRUMP tries to level the playing field >>>>>>??????...has AMERICA become so dependent on chinee plastic crap that we cannot survive or make that stuff ourselves ???? do we need more of their poison sheetrock and kids toys stuffed with waste etc, ad infinitum ????
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  • Cornflk1
    spasmcreek wrote:
    they have played this game before after we were STUPID enuff to give them MFN status....we let them stack the deck and now they play the offended innocent when TRUMP tries to level the playing field >>>>>>??????...has AMERICA become so dependent on chinee plastic crap that we cannot survive or make that stuff ourselves ???? do we need more of their poison sheetrock and kids toys stuffed with waste etc, ad infinitum ????

    Well said
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  • BoltactionMan
    Manipulation of their currency is one of our claims against them. That economy is fragile, it is large but it is thin, it will suck here for a while on some fronts, but they can't risk our buyers moving on to other suppliers. Many will tell you that you can't win a trade war and that may be true; but when your trading partner refuses to deal honorably and willingly reneges on your deals you have to defend yourself, or you become a patsy.

    KC
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  • gruntled2
    Denominating our debt in any other currency is the worst thing we could do. As long as our debt is U.S. Dollar denominated we can always turn on the printing presses & pay off the debt with devalued money. If our debt is in any other currency we can't do that. Look at other countries that got in massive debt in currencies other than their own.
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  • spasmcreek
    i doubt we would be invited to join the chinese currency base when they are trying to supplant the dollar with their own around the world ?????
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  • serf
    It's the dance Central Banks do! One can split up the pie in such a way where there is give and Take until the show will be over with fiat money and they go back to gold'blockchain currency even then the vault better be well guarded and surveyed daily by an honest third party. Money Changers are perverted gangmasters in my opinion. Greed is definitely one of their tenets of their pseudo-religion. Just look at History for references.

    The Commies have embraced the capitalist game for it's all just window dressing of ideology while taking all the sheeple to the slaughterhouse.

    serf
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  • serf
    Cornflk1 wrote:
    spasmcreek wrote:
    they have played this game before after we were STUPID enuff to give them MFN status....we let them stack the deck and now they play the offended innocent when TRUMP tries to level the playing field >>>>>>??????...has AMERICA become so dependent on chinee plastic crap that we cannot survive or make that stuff ourselves ???? do we need more of their poison sheetrock and kids toys stuffed with waste etc, ad infinitum ????

    Well said
    They are waiting for A.I. labor machines to take over and make our good jobs disappear unless your a Genuis with new ideas or inventions with discoveries because manufacturing human jobs will be obsolete soon enough.

    serf
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