Why can't we simply prevent China from de-valuing their currency by buying theirs in retaliation?

Discussion in 'Stock Market' started by RandomPoster, Aug 6, 2019.

  1. RandomPoster
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    RandomPoster Gold Member

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    If they buy a trillion US dollars, we buy two trillion dollars worth of yuan. Additionally, we could print up massive amounts of U.S. dollars to devalue the currency they're buying as well as the money we gave them for their currency. We could also stop trading with them entirely.
     
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  2. candycorn
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    candycorn Alis volat propriis

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    There currently is another thread where some dumbass thinks Obama declared martial law or something. That thread actually makes sense compared to yours.

    In case you haven’t noticed, we’re trillions in debt the way it is for starters. Additionally….our consumer based economy is fueled by imports; largely from China
     
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  3. Erinwltr
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    Erinwltr Gold Member

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    Please, you gotta post or send me the link to the kook that thinks Obama declared martial law.
     
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  4. Penelope
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    Penelope Diamond Member

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    China owns us, they have a billion more people than the US and the people work for less, that is why the US corps send raw material to China so they can assemble them in factories.

    Tramps trade wars is not going to reopen factories. All they are going to do is drive prices up and create a larger income inequality.
     
  5. BULLDOG
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    BULLDOG Diamond Member

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    Great idea. We can just give them a few trillion more of our money. I'll bet that will teach them not to mess with us.
     
  6. aaronleland
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    aaronleland Gold Member

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    She's probably referring to this one, which is a hilarious read. :lol:

    Here Are The Obama-Era Officials Allegedly Behind The Alabama False Flag Campaign
     
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  7. candycorn
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    candycorn Alis volat propriis

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    Here Are The Obama-Era Officials Allegedly Behind The Alabama False Flag Campaign
     
  8. BuckToothMoron
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    BuckToothMoron Gold Member

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    Yep, we could do all those things, and while we are at it crash the economy, the stock market and destroy the value of anything that is not gold or real estate. Come on man.
     
  9. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    If they buy a trillion US dollars, we buy two trillion dollars worth of yuan.

    Their currency doesn't freely trade.
    They didn't buy dollars, they just declared their currency bought fewer dollars.
     
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  10. RandomPoster
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    RandomPoster Gold Member

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    Then we can simply declare ours buys fewer yuan.
     

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