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
    Offline

    RandomPoster Gold Member

    Joined:
    May 22, 2017
    Messages:
    1,846
    Thanks Received:
    384
    Trophy Points:
    170
    Ratings:
    +2,145
    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.
     
    • Funny Funny x 1
    • Informative Informative x 1
  2. candycorn
    Offline

    candycorn Alis volat propriis

    Joined:
    Aug 25, 2009
    Messages:
    57,842
    Thanks Received:
    6,401
    Trophy Points:
    1,830
    Ratings:
    +25,114
    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
     
    • Funny and Agree!! Funny and Agree!! x 1
  3. Erinwltr
    Offline

    Erinwltr Gold Member

    Joined:
    Feb 8, 2018
    Messages:
    6,141
    Thanks Received:
    657
    Trophy Points:
    275
    Ratings:
    +3,821
    Please, you gotta post or send me the link to the kook that thinks Obama declared martial law.
     
    • Funny and Agree!! Funny and Agree!! x 1
  4. Penelope
    Offline

    Penelope Diamond Member

    Joined:
    Jul 15, 2014
    Messages:
    43,224
    Thanks Received:
    3,820
    Trophy Points:
    1,845
    Ratings:
    +24,738
    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
    Offline

    BULLDOG Diamond Member

    Joined:
    Jun 3, 2014
    Messages:
    61,775
    Thanks Received:
    6,901
    Trophy Points:
    1,830
    Ratings:
    +41,586
    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
    Offline

    aaronleland Platinum Member

    Joined:
    May 19, 2012
    Messages:
    30,316
    Thanks Received:
    6,209
    Trophy Points:
    1,160
    Ratings:
    +39,151
    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
     
    • Thank You! Thank You! x 1
  7. candycorn
    Offline

    candycorn Alis volat propriis

    Joined:
    Aug 25, 2009
    Messages:
    57,842
    Thanks Received:
    6,401
    Trophy Points:
    1,830
    Ratings:
    +25,114
    Here Are The Obama-Era Officials Allegedly Behind The Alabama False Flag Campaign
     
  8. BuckToothMoron
    Offline

    BuckToothMoron Gold Member

    Joined:
    Apr 3, 2016
    Messages:
    9,505
    Thanks Received:
    1,685
    Trophy Points:
    290
    Ratings:
    +9,933
    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
    Offline

    Toddsterpatriot Diamond Member

    Joined:
    May 3, 2011
    Messages:
    55,706
    Thanks Received:
    6,787
    Trophy Points:
    1,830
    Location:
    Chicago
    Ratings:
    +31,057
    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.
     
    • Informative Informative x 1
  10. RandomPoster
    Offline

    RandomPoster Gold Member

    Joined:
    May 22, 2017
    Messages:
    1,846
    Thanks Received:
    384
    Trophy Points:
    170
    Ratings:
    +2,145
    Then we can simply declare ours buys fewer yuan.
     

Share This Page