All Hell To Break Loose: April 15th

Yay, another doomsday thread.

One of these days, one of these threads is actually going to be true!

But I've been so dumbed down that doomsday is coming now, that when it comes around I'll be sitting around not caring lol.

This is either:

a) stupid since US companies will simply import from other places such as Vietnam or Bangladesh

b) just a pretense whose real purpose is to build up China by increasing its spending power for resources like, oh, I don't know, oil?

I'm going with the latter.

It's all part of the constant game of misdirection that TPTB have been playing with us ever since the vile art of currency manipulation and speculation was invented. Don't fall for it!!!

LOL..I love how the US thinks it can dictate to China how its going to run its monetary system after they stuffed their own up completely..

So who they gonna dictate to next? Australia?

When the value of the dollar increases locally or abroad, your debt remains the same. If you owe 1,000 dollars in taxes and the value of money goes up, do you owe more? No, you still owe 1,000.

However by raising the value of the dollar (for those you owe) your debt appears like it is far less than it really is. This allows one to negotiate their own debts much easier when including them in future trades. Thus, your debt is paid off far more quickly.

When China's currency raises in value, so do the things we trade with them. However the debt remains the same (although apparently smaller in connections to those future trades). The US is basically tricking China into lowering our debt by raising China's currency's value.

Originally posted by jpeniel
When the value of the dollar increases locally or abroad, your debt remains the same. If you owe 1,000 dollars in taxes and the value of money goes up, do you owe more? No, you still owe 1,000.

However by raising the value of the dollar (for those you owe) your debt appears like it is far less than it really is. This allows one to negotiate their own debts much easier when including them in future trades. Thus, your debt is paid off far more quickly.

When China's currency raises in value, so do the things we trade with them. However the debt remains the same (although apparently smaller in connections to those future trades). The US is basically tricking China into lowering our debt by raising China's currency's value.

this is true, and market practice.

when any big corporation with international reach, needs to pay for something or send money to someone abroad, then they have speculators find the best time to send this money so that the company can actually send LESS money to cover the same costs, thus saving said corp millions.

international investments do not differ from this practice.

Originally posted by mahtoosacks

Originally posted by jpeniel
When the value of the dollar increases locally or abroad, your debt remains the same. If you owe 1,000 dollars in taxes and the value of money goes up, do you owe more? No, you still owe 1,000.

However by raising the value of the dollar (for those you owe) your debt appears like it is far less than it really is. This allows one to negotiate their own debts much easier when including them in future trades. Thus, your debt is paid off far more quickly.

When China's currency raises in value, so do the things we trade with them. However the debt remains the same (although apparently smaller in connections to those future trades). The US is basically tricking China into lowering our debt by raising China's currency's value.

this is true, and market practice.

when any big corporation with international reach, needs to pay for something or send money to someone abroad, then they have speculators find the best time to send this money so that the company can actually send LESS money to cover the same costs, thus saving said corp millions.

international investments do not differ from this practice.

This is why even small private entities hedge their currency risk in the foreign exchange markets.

You can easily define your risk and anyone or any entity that does business internationally has/have been laying off currency risk since day 1.