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Matthew Loutner
Inside China Business
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Comments by "Matthew Loutner" (@Matthew_Loutner) on "China isn't dumping dollars. They're dumping banks, and setting up a new financial system." video.
All foreign old is stored in an underground vault in New York. We have the gold, stupid.
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@Gerdeo64 It sounds to me like you are the one with the problem. Explain why he should not state facts that are true and prove the point that he is making.
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It will not "be fatal." Stop being ridiculous. Hundreds of countries function well every day without being an international currency.
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The United States did not "provoke" any conflict in Ukraine and you are reported to utube for spreading misinformation. Also, there is no such thing as a "proxy conflixt." Every country fights for its own reasons only.
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There is no "reliable Intel that the United States is planning something foolish." But there is "reliable intel" that the CCP is planning something foolish. The CCP is planning to invade Taiwan. When they stupidly do that, the way Russia stupidly invaded Ukraine, it is not going to be another Ukraine. The gloves are coming off.
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@tokotong2455 Where is your proof or evidence that the U.S. dollar is or has gone down? You are making up fairy tales and selling them as facts. You are going to Hell 🌅 for lying. Yours lies are not free.
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@gelinrefira You are right that China does not want to get in the same position as Russia. But that is easy to do. You just do not invade Ukraine, and you are fine. China is selling treasury bills at a loss because they are broke and need the money to pay their bills. That is the only reason anyone ever sells anything at a loss.
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@daniellindforsbernholm3682 If you "spend your dollars," somebody else has them. They do not disappear. "Dedollarization" is not possible and so far, there is no evidence that the value of the dollar is paying any attention at all. The value of the dollar just keeps rising.
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@gelinrefira Not really. They would just have to either reduce fiscal spending or raise taxes (probably a little of both). American proverb: You cannot have your cake 🍰 and eat it too.
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If China or any other country is afraid of sanctions, that just proves that they are planning something evil in the future.
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