F-22Raptor
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let just say , Russia sell to some chinese refinery or power planet or whoever own them in china and get Yuan and then use that yuan to pay to that chinese baker or carpenterLet me ask you a simple question.
What would a Chinese Bread seller do if Russian pay them 1 barrel of oil for 100 breads?? Can the Bread seller than sell it? How? Go to the corner of a street and sell it on the road side? I mean, it may make sense if only him doing that. But then how about the same Russian who gave a Chinese Furniture Seller 1 barrel of oil for 100 chair? Or a mobile phone vendor 100 mobile phone? Or 100 pack chewing gum? How are you going to get rid of the oil? I mean, I made 100 bread, all those material I put into making that 100 bread I cannot get it back because I wasn't paid in Money but I got paid by a barrel of oil...., but I can't use the oil, it's not refined and I can't just put it in my car, nor can I sell it, it's not like there is a "oil r' us" in every corner in Chinese street taking rogue crude oil from Chinese street vendor....
And if I were that vendor, I would just sell 100 bread to another Chinese vendor or to a Japanese buyer to get 100 Yuan. Why would I go all in and deep into trouble and being a fender of rogue oil when I can just sell it to other for cold hard cash?
As I said, it may work in your mind, but it is not how economy work...I mean, you are free to believe you can do that, but all I am saying is this is not how economy works....
Well then,tell them to stop attracting and start talking about neutrality,buffer zones and peace.Nope, wrong comparision. NATO\EU is not activelly recruting, it`s attracting. Russia is desperate for the people not escaping.
very simple , put the dollar you used to pay Russia to get the oil in your treasury and print yuan backed by that dollar and pay it to RussiaHow do you take it out of circulation in China? You need them to do domestic trade.......
what part is hard Russia sell its oil in Yuan , and use Yuan to buy from chine , the transaction will be by china own money transferring system and will have nothing to do with swift . and then Russia use that money to get the things they need from china and other countries that accept yuanThen how the Russian get the bread? If the bread makers are not involved,.
And you can't balance RUB:RMB because it's one side who pay the money, and the other side pay with oil...The same equation applies, where do the Chinese get the extra money to pay for the Russian oil to begin with?
First of all, if you do that, you still need to digest that "6 Trillions" Yuan you printed, and if it is like you said you are printing it every year, that mean you deflate your own currency by the same volume every year. Just because they are going to reinvest it back to China does not mean anything, the more currency floating in the free market the more it deflate your currency value. That's macroeconomic 101....6 times the currency inflation is a LOT in case you are wondering, and 1 trillions dollar added to circulation every year is also a lot. US as a whole, with massive Financial backing, only needed 2 trillions dollars in circulation, and you are talking about adding an entire US circulation in China every 2 years......You mean, suppose that before the Ukrainian war, China spent $1 trillion a year to buy oil and other resources from Russia. After the Ukrainian war, China printed 6 trillion CNY every year to buy resources from Russia, and Russia used 6 trillion CNY to buy goods from China. Because this is far greater than Russia's previous purchases, the entry of these CNY into the Chinese market will bring some inflation to China. And China will also add $1 trillion in additional reserves.
But are you aware that China has a serious overcapacity, and the increased Russian orders will not bring too much inflation, but will only stimulate economic development. Additional foreign exchange reserves can be invested in other countries through B&R, which also means transferring inflation to the world.
we were under sanction for decades and we even manage to restart Venezuela Oil industry . I'm sure Russia industrial capabilities is not less than usGood luck with that. As it stands Russia cant deliver oil or gas in a few month because technology embargo and Russia has no ability to make its own. For same reason collapsed oil industry in Venezuela and Russia could not help them.
Let me remind you of one thing.
In 2021, USA increased the issuance of currency by $3 trillion, most of these dollars entered China and bought Chinese goods, the US trade deficit reached US $1.1 trillion.
However, these new orders did not bring inflation to China, China's CPI was only 0.8% in 2021. These orders have instead stimulated China's economic development, with China's economy growing by $3 trillion in 2021.
China's factory easily eats trillions of US dollars of orders from USA, why do you think hundreds of billions of US dollars of orders from Russia will bring inflation to China?
You can't use the economic model of western countries to analyze China. China has a serious overcapacity. The increase of overseas markets will not bring inflation, but economic growth.
At current rates, Russian losses will exceed 3,000 by mid to late April. I don’t see how they can sustain this.
These poor people will be conquered next by russia.