Why?Quote:
Originally Posted by sickdsm
If they demanded payment, we would be forced to print so much money, the global currency values would change. It would hurt their exporting. It would raise our import costs, and shift jobs back to us.
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Why?Quote:
Originally Posted by sickdsm
If they demanded payment, we would be forced to print so much money, the global currency values would change. It would hurt their exporting. It would raise our import costs, and shift jobs back to us.
Good point.Quote:
Originally Posted by sickdsm
Why would they demand payment, when they know it would absolutely wreck the dollar through inflation?Quote:
Originally Posted by Wild Cobra
My point was that they don't have us over a barrel.Quote:
Originally Posted by LnGrrrR
Normally China has their reserves at least 30% full, last week they were below 5%.
You're basically just saying that if they demanded payment, good things would happen for us?
Soooo, you agree that we're in a better position then China then?
I think it would hurt us, but only in the short term. I think the overall long term good would outweigh the short term inflationary effect.Quote:
Originally Posted by sickdsm
Missed the "ag" part though.
Did you mean agriculture?
I think China will take over the world. As long as we let this nation be run by liberal "feel good" ideas, instead of global reality, we will be a nation on the downward slide.Quote:
Originally Posted by sickdsm
Yeah, their in a mess regarding food.
If this forum had a "like" button, I would have clicked it on that post.