OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Biden Mocked As Capitol Police Reinstall Metal Fencing For His State of Confusion Speech
"Everyone Will Be Wiped Out in 30 Days.." EmptyToday at 12:49 pm by PurpleSkyz

» "Shocking Aerial Footage" - Turkey-Syria Quake
"Everyone Will Be Wiped Out in 30 Days.." EmptyToday at 12:07 pm by PurpleSkyz

» The Feds Have All The Evidence They Need To Go After Jeffrey Epstein’s Buddies. Here’s Why They Still Roam Free
"Everyone Will Be Wiped Out in 30 Days.." EmptyToday at 11:07 am by PurpleSkyz

» Fire At New Zealand’s Largest Egg Farm Kills 75,000 Hens Amid National Shortage
"Everyone Will Be Wiped Out in 30 Days.." EmptyToday at 10:53 am by PurpleSkyz

» Bombshell Survey Exposes True Number of Deaths From the Jab
"Everyone Will Be Wiped Out in 30 Days.." EmptyToday at 10:41 am by PurpleSkyz

» Wind-Power Makers Suffer Huge Losses, Want To Abandon Major Project
"Everyone Will Be Wiped Out in 30 Days.." EmptyToday at 10:32 am by PurpleSkyz

» Seven reasons to get more magnesium
"Everyone Will Be Wiped Out in 30 Days.." EmptyToday at 12:57 am by PurpleSkyz

» Released JFK Files Place Jack Ruby Near the Texas Book Depository Building
"Everyone Will Be Wiped Out in 30 Days.." EmptyToday at 12:49 am by PurpleSkyz

» UK authorities investigate RAF plane's near-miss with a UFO
"Everyone Will Be Wiped Out in 30 Days.." EmptyToday at 12:44 am by PurpleSkyz

» WHAT A CROCK OF SHITE!! YOU GOTTA BE 60% DISABLED TO GET VAX INJURY PAYMENT. WHERE IS THE OUTRAGE??
"Everyone Will Be Wiped Out in 30 Days.." EmptyToday at 12:41 am by PurpleSkyz

» BALLOON NEWS - THIS HAPPENED BEFORE: China Floated Balloon Over Hawaii LAST YEAR – plus MORE
"Everyone Will Be Wiped Out in 30 Days.." EmptyToday at 12:37 am by PurpleSkyz

» We Are Invincible!
"Everyone Will Be Wiped Out in 30 Days.." EmptyToday at 12:29 am by PurpleSkyz

» "Gates Behind The Bars" by Five Times August
"Everyone Will Be Wiped Out in 30 Days.." EmptyToday at 12:18 am by PurpleSkyz

» Satanic ‘Unholy’ Grammy Performance Presented by…Pfizer? but of course it is!!! folks need to get clued in to what is actually happening!!
"Everyone Will Be Wiped Out in 30 Days.." EmptyYesterday at 12:52 pm by PurpleSkyz

» Bombshell: Holding them to Account for Crimes Against Humanity
"Everyone Will Be Wiped Out in 30 Days.." EmptyYesterday at 10:17 am by PurpleSkyz

» 2/05/2023 -- Massive M7.8 (M8.1) Earthquake strikes Central Turkey / South Europe -- SEISMIC UNREST - PLUS UPDATES
"Everyone Will Be Wiped Out in 30 Days.." EmptyYesterday at 10:13 am by PurpleSkyz

» Pfizer reports $100 billion haul, with vast majority of profits looted from US taxpayers
"Everyone Will Be Wiped Out in 30 Days.." EmptyYesterday at 2:09 am by PurpleSkyz

» Dumpster Diving - You will see a lot of this going forward
"Everyone Will Be Wiped Out in 30 Days.." EmptyYesterday at 2:01 am by PurpleSkyz

» Newsweek calls on scientific community to admit “we were wrong” about covid
"Everyone Will Be Wiped Out in 30 Days.." EmptyYesterday at 1:59 am by PurpleSkyz

» The Federal Reserve Cartel: The Eight Families
"Everyone Will Be Wiped Out in 30 Days.." EmptyYesterday at 1:57 am by PurpleSkyz

» Oh Good Grief. US Military Fears China May Reach Balloon Wreckage Before They Can Get There
"Everyone Will Be Wiped Out in 30 Days.." EmptyYesterday at 1:54 am by PurpleSkyz

» ‘The Filth Reveal’, John Waters Presents A Plan To Save The World From Elite Psychopathic Parasites
"Everyone Will Be Wiped Out in 30 Days.." EmptyYesterday at 1:49 am by PurpleSkyz

You are not connected. Please login or register

"Everyone Will Be Wiped Out in 30 Days.."

Go down  Message [Page 1 of 1]

1"Everyone Will Be Wiped Out in 30 Days.." Empty "Everyone Will Be Wiped Out in 30 Days.." Mon Dec 12, 2022 12:01 am

PurpleSkyz

PurpleSkyz
Admin

"Everyone Will Be Wiped Out in 30 Days.." Crisis

Everyone Will Be Wiped Out in 30 Days.. message strange truth world news current events December 2022 today this week this month motivation. Clearly, most of the foreign currency deposits in China are in US dollars. And so now when Chinese banks take US dollar deposits, they can't make as many loans. They have to hold more dollars than they had been holding. And so the idea here, Is that this is going to increase dollar demand in China because the banks are now gonna have to buy more dollars or hold onto more dollars, so not sell as many dollars, but I don't think this move is going to provide any significant support to the dollar. The question is, is this an indication? That the bank is gonna do more to try to slow down the dollars decline, which I think would be a mistake. I think monetary authorities should let the market function and let the dollar fall. The dollar's gonna be falling against a lot of currencies, not just the Yuan, but one way that this might backfire, if the goal of the policy is to strengthen the dollar, is if Chinese banks, which now have to hold more dollars in reserve, and so they can't loan out as. Maybe they will also reduce the interest that they pay their depositors on their US dollars because obviously they can't make as much money loaning out those dollars. And if they do that, then that will simply widen the disparity between what you can earn on your r and b deposits or you on deposits. Versus what you can earn on your dollar deposits. And so what they end up doing is selling their dollars so that they can convert their deposits to Yuan and earn more interest. Now, this is gonna happen anyway as the dollar really starts to fall. and the people in China start to perceive the risk of holding dollars, and they would prefer the safety of owning local currency. So that is gonna happen anyway. But also, you know, there's been a lot of people who have pointed to the Chinese currency peg, and they said, if it wasn't for this peg, it's the Chinese yuan that would fall. That somehow by pegging the currency to the dollar, they are having an artificially strong currency. But for that peg, the yuan would crash clearly when. Central bank is intervening to support the dollar. That's not true. It's the dollar that's going to crash if China pulls the peg, not that you want. And in fact, the main reason that the FX reserves are so large in China is because that's how many dollars they've had to buy to prevent the dollar from falling and to artificially suppress their own currency.




  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum