If world was a strategy game America is playing with cheat codes!

[hoursintel]

Federal Reserve just injected 105$ billion dollar into their economy. Yes let that sink in for a moment. 105$ billion dollar.

https://www.reuters.com/article/us-...n-in-cash-to-u-s-banking-system-idUSKBN1W91KS

And it's not the first time.

https://finance.yahoo.com/news/fed-injects-cash-fourth-day-124014326.html

And it's not a good thing. It's never a good thing. Despite what the so called experts in wall street say. They never have the best interest of people.

While Pakistan can't swallow 6 billion it borrowed. Not just Pakistan though majority of the world countries are trapped in this. I think if average Pakistanis knew economy their new slogan would be "We(Pakistan) will eat grass, even go hungry, but we will never take loans". In fact it should be motto of all countries.

US will buy tangible assets like silicon, oil, rare earth minerals while giving other countries these papers. US is smart they know what real wealth is. It's those tangible assets that will help build their industry. While dollar they can freeze at any time.

 

[Beast]

This will not last long. The world is using less US dollar and oil trade is getting less relevant. That mean usage of US dollar is going down too.

If US can really use cheatcode, US federal would have shutdown over the budget issue between Trump and rest of federal.

 

[Enigma SIG]

US will buy tangible assets like silicon, oil, rare earth minerals while giving other countries these papers. US is smart they know what real wealth is. It's those tangible assets that will help build their industry. While dollar they can freeze at any time.

Wealth has almost solely been defined as tangible assets. Dollar is just a trade mechanism which gives USA the edge to bully everyone on the planet. The faster we move towards a basket of currencies or a single currency being maintained by a central bank of countries; the better.

 

[AZADPAKISTAN2009]

USA borrows endlessly and then the market is manipulated to force other nations of world to reduce their currency and other forms of manipulation in oil prices, to fill up the reserves again

Countries

• USA
• Japan

For example of Debt in "Trillions" of dollar
Yet they are able to maintain the "100,000 USD/year" per family lifestyle easily

• USA franchise ruling alone , gets monthly "franchise fees" captured from around globe

I fail to understand the global system where 10-15 nations have tremendous debt but their borrowing rating is always A+


If Pakistan borrowed 3 Trillion dollars , yes , we will have our own IBM , Microsoft and Apple too

 

[Zibago]

This will not last long. The world is using less US dollar and oil trade is getting less relevant. That mean usage of US dollar is going down too.

If US can really use cheatcode, US federal would have shutdown over the budget issue between Trump and rest of federal.

This bubble will pop violently

 

[HttpError]

In order to deal with currency manipulators, people should encourage the use of cryptocurrencies or even gold trading.

 

[Flash_Ninja]

USA borrows endlessly and then the market is manipulated to force other nations of world to reduce their currency and other forms of manipulation in oil prices, to fill up the reserves again

Countries

• USA
• Japan

For example of Debt in "Trillions" of dollar
Yet they are able to maintain the "100,000 USD/year" per family lifestyle easily

• USA franchise ruling alone , gets monthly "franchise fees" captured from around globe

I fail to understand the global system where 10-15 nations have tremendous debt but their borrowing rating is always A+


If Pakistan borrowed 3 Trillion dollars , yes , we will have our own IBM , Microsoft and Apple too

Its because they are stable and reliable currencies, which give bankers more confidence. They get these benefits because they know if these countries ever default or collapse, then the entire world is in trouble rather than that country alone.

Other countries rely on US/Japanese/European investment and exports in order to run their countries, if Pakistan ever gets to that level of power then we would get the same treatment too.

 

[VCheng]

US will buy tangible assets like silicon, oil, rare earth minerals while giving other countries these papers.

It is up to the countries producing those tangible assets to decide to accept payments in USD or not. USA does not give countries its currency unless they themselves decide to take it. Even China, the rising superpower, continues to buy US bonds.

 

[hoursintel]

It is up to the countries producing those tangible assets to decide to accept payments in USD or not. USA does not give countries its currency unless they themselves decide to take it. Even China, the rising superpower, continues to buy US bonds.

You know what happens who try to convert to other currency?
https://www.globalresearch.ca/hilla...byan-creation-of-gold-backed-currency/5594742

As far as China is concerned 20-30 years ago china wasn't that strong. So they had to rely on dollar.Now USA owe trillons of dollars in debt to china. China is the biggest foreign debt holder of US. So what would happen if China wanted it's money back? Many thing could happen.

There is a small chance that panic spread from such news could crash dollar for real. But most likely dollar will still survive. But depreciated in it's value so it's in China's best interest to not ask it's money back.

What if china wanted it's money back in Gold?
A. USA doesn't have that amount of gold reserve anyways.
B. USA will give middle finger to China and say 'come and get it if you can'. Then will show their military muscle.

But realistically though why would China do that? USA is the biggest buyer of Chinese export. China has bought lots of real estate in USA. Big companies specially tech companies create factories in China to cheaply do mass production.

 

[VCheng]

But realistically though why would China do that? USA is the biggest buyer of Chinese export. China has bought lots of real estate in USA. Big companies specially tech companies create factories in China to cheaply do mass production.

Exactly. Just like China, as you have explained above, it is in the interests of all the countries to accept the USD as the world's reserve currency by choice.

 

[SQ8]

If they are using cheat codes then there is nothing wrong with it when it’s compared to global morality standards today.
American interests require any and all means.

Comment on Pakistan has no place since Pakistan’s economy is dwarfed even by the lowest performing US state.

 

[hoursintel]

Exactly. Just like China, as you have explained above, it is in the interests of all the countries to accept the USD as the world's reserve currency by choice.

Just like drunk people drink by choice and withdrawal is a myth.

Also depends on whose perspective you are looking from. I mean from the rich bankers perspective these are great deal. Not so much for a poor farmer.

USA can arm twist countries and can freeze dollar and put sanction. So it's more like "You have no choice". But just because we are "Majboor" doesn't mean we should forget reality.

There are pros and cons of USD of course. But it would be fairer for other countries if USD was backed by gold like it always had been up until 1971. Yes something happened other than separation of Pakistan in 1971 lol!

Nixxon shocked the world by removing gold standard. You can read the details.
https://en.wikipedia.org/wiki/Nixon_shock

Finally please don't put words into my mouth by quoting small part and ignoring whole context. You may think it's a choice. And I welcome your view. But my view is different. Thanks.

 

[VCheng]

Just like drunk people drink by choice and withdrawal is a myth.

Also depends on whose perspective you are looking from. I mean from the rich bankers perspective these are great deal. Not so much for a poor farmer.

USA can arm twist countries and can freeze dollar and put sanction. So it's more like "You have no choice". But just because we are "Majboor" doesn't mean we should forget reality.

There are pros and cons of USD of course. But it would be fairer for other countries if USD was backed by gold like it always had been up until 1971. Yes something happened other than separation of Pakistan in 1971 lol!

Nixxon shocked the world by removing gold standard. You can read the details.
https://en.wikipedia.org/wiki/Nixon_shock

Finally please don't put words into my mouth by quoting small part and ignoring whole context. You may think it's a choice. And I welcome your view. But my view is different. Thanks.

The USD will surely die one day - as soon as there is a viable competitor that overtakes it. What are the odds that that new reserve currency will operate substantially the same as the USD does now and offer the countries of the world the same options as exist now? Pretty high, I would imagine.