poor countries give you goods and services
you give them paper money
this is somehow bad because muh deficit
explain
Poor countries give you goods and services
give money out into the world instead of giving it to your own people to bolster the local economy
We want to exploit the world while not giving anything back
explain
If you need this explained you are 12.
it's literal paper with pictures on it.
in return you get actual good and services that improve your life.
yes, I'm 12. now please explain it to me, big brain.
After reading your reply I can tell you are a baitfag and will pull whatever shit out of your ass to try and "humble" me
giving it to your own people to bolster the local economy
also where do you think that money is eventually going to be spend?
if you give someone a dollar that dollar must eventually find its way back to the US.
the fact that you can't offer an explanation for fundamental believes you hold should already humble you.
Literally proved my point, always trying to le humble people with made up shit.
america's only export is niggers
Sure, debt-backed fiat in exchange for the fruits of the labor of the entire world sounds cool to me.
what did I make up, brainlet?
you're literally giving people paper money and they're literally give you real life goods and services.
for some reason that makes you seethe but you can't formulate why.
that paper money can be used to buy parts of your own country
debt-backed fiat
doesn't have to be debt-backed. that's a different issue.
OP is a massive faggot
This sums it up.
What china does is us it to buy assets in the US. Doesn't seem like a great idea to have a foreign country buying your real estate and businesses with money you gave them because you wanted toys for your happy meals.
buy parts of said country
have to pay tax to said country for that purchase
have to pay taxes to said country in perpetuity
Because that paper when exported to foreigners isn't put back into the local economy quickly and thus the government has print more thus devaluing that paper the next time you want to buy something. So unless you balance the trade outflow with a inflow via a tariff everytime you buy foreign you are taxing yourself with future inflation and loss of wages.
also where do you think that money is eventually going to be spend?
if you give someone a dollar that dollar must eventually find its way back to the US.
It doesn't because by the time that money comes out of the 10 or 30 year bond the value of that dollar is now 10 or 30 times less that what it because the Keynesian stimulus needed to replaced that circulation that removed from the local economy. "Free Trade" FORCES Keynesian Stimulus because the deficit is IMMEDIATE whereas the flow back is usually very long term.
it's literal paper with pictures on it.
That's exactly why the people that gamble with it need to die. Immediately. By RNA scrambler virus payload.
if foreigners own your country, that's good!
poor countries are poor
that’s cool, not my
Problem
poor countries send their poor people to white countries while collecting money from evil politicians to promote (((diversity)))
not cool
This is why Trump firing Tyrone is a good thing.
if it bothers you that much you can literally forbid real estate purchases by foreigners.
what's stopping you and what does it have to do with trade?
Tell me how grateful I should be that it is that foreigners owning most residential housing in my capital city, and that the last vestiges of our industry that’s been offshored to India and other shitholes is also owned by foreigners. Britain is barely even a country anymore, for that very reason. Germany is going the same way
By the way "that paper" isn't just paper....it's written promise that government won't fuck you up if hand them that paper. The value is from promise against the very real thing that is organized State violence and the backing of the State paper is the fact they have POWER to do violence on a scale that VASTLY superior your you power thus FIAT is the MOST BACKED currency POSSIBLE.
what does it have to do with my incorrect presupposition that the money exchanged is worthless
If you ban foreigners for using the money you pay them for goods, they will no longer accept the money you pay them for goods.
500% real estate tax on foreigners. problem fixed.
they can still buy goods and services from you.
you can also just tax it heavily instead of preventing it.
they will pay the tax just to get the money out of their totalitarian shithole.
works for china pretty well doe
why are you inert in the brain, anon?
your brain is like a rock
no, better, a chunk of acid resistant glass
The more you limit the things foreigners can buy with the money you give them, the less valuable that money will be for them, which means you'll have to spend more of that money to buy the goods.
"works for china pretty well"
their living standards are abysmal
Might as well just prevent foreigners from acquiring sovereign assets altogether then
pot calling the kettle nigger
poors were never taken into consideration
Personally I'd be extatic if I could print infinite worthless paper and exchange it for goods and services without giving anything of value back.
What do you think MAGA is trying to solve retard?
just copy china if you want your living standards to rise!!!!
problem is when the people you gave the paper come back to your country and start exchanging it for YOUR goods and services
Rinse and repeat
without giving anything of value back.
What happens if they buy something of value with that money?
It doesn't because by the time that money comes out of the 10 or 30 year bond
what are you talking about. the money that is put into a bond isn't lying in some scrooge mcduck vault. it's immediately used by the issuer.
kike confused about the fact that people arent mindless money whores
well, youre a shitskin so its only normal theres stuff you wont understand
akshually we didn't want good living standards anyway
bit of a hot take m8e
not so much
they own your country now
and thats where chyna shortcicuits the swindle:
nobody owns anything in chyna
And that makes you poorer because if foreigners buy property there's a good chance of them making improvements on it to raise the value i.e. you get increased capital investment. Country that get the most capital investment are by definition the richest so preventing real investment from foreigner bringing back your own money as investment is really stupid. The problem is the time lag between the dollars exported from "Free Trade" and local demand for currency from the domestic population that actually uses that currency. Tariffs and Tax Cuts are the tools to balance the gap between the outflow and the inflow because if you don't match them correctly you end up with high deficit spending and thus inflation i.e. you become poor like Argentina and become completely fucked no matter what you do.
why wont you fit into my script you fucking goy
because im girthy. dilate more
That will disincentivize imports and incentivize domestic production which is what you want anyway, isn't it?
You can follow whatever retard script you want lmao, go to China and work in a factory for a valueless currency if that's what you want.
That's not what Americans want and that's what we're discussing.
if you give someone a dollar that dollar must eventually find its way back to the US
So why did 80 percent of Americans live in poverty?
n-no u
that was lame
close the tab, enter the oven
At the cost of making the dollars held by Americans less valuable internationally - which they obviously don't want, you retard.
you give China the world reserve currency which they use to buy land and influence over your country
in return you get cheap plastic toys that end up in a trash heap somewhere
that's not a "no u" argument my little ESL buddy
The public gets nothing from tax revenue. No healthcare no education no public transportation. All that money goes to Israel and Ukraine
Paper is exchangeable you retarded cunt.
They don't just keep the paper, they buy out American land and bribe American politicians.
Jesus Christ why is every retard who figured out baby's first steps with zero understanding of the full picture of economic trade writing their retarded hottakes on this board?
Also this.
It's like when you see a farmer selling potatoes.
You may pay him and get some potatoes or run him over with your fucking car and yell at him that you could grow much better potatoes.
The first option is for pussies, the second is for real alpha males.
Now excuse me but I have to set fire to the local gas pump because I could extract my own oil
They’ll never understand the ridiculous advantage they *had* by printing the worlds reserve/trade currency out of thin air and other countries just taking it.
>poor countries give you goods and services
>you give them paper money
>this is somehow bad because muh deficit
They also use that money to buy our debt and keep our borrowing rates low.
We get everything handed to us.
Trump's stupidity makes me sick to my stomach.
Why would a foreign investor be more incentivised to improve the value of their property than a citizen?
Well China doesn't have mass infant genital mutilation and also has a longer life expectancy than the US so it is objectively a "better" country
"economy without tariffs"
30t in debt
Gov. deficits are great. They never have to be paid back, it’s double ledger accounting. The more gov debt, the more private wealth. What’s $1 trillion spread out over 350 million? That’s what every American is worth
"We get everything handed to us."
30t in debt
ridiculous advantage they *had* by
By they you mean the jews right? 80 percent of Americans live paycheck to paycheck
Because they don't just stack that paper up in a pile and look at it. They spend it.
Yeah we're not paying that back.
Good thing you're smart enough to know it all.
The consequences of which would be far worse than anything you think Trump has done wrong.
it is now, i thus declared
big ESL energy
I simply don't want chinese junk that disintegrates after five years.
Because it hurts our domestic sectors
Any other 2 IQ questions?
Chang, your country is massively inferior and you know it. We have a massive dispora of your people here, and no sane American would want a life in China. Get real.
talk multiple languages
somehow its a bad thing
youre a complete cocksucker, anon
you want to rile the community against me bc "le racists"
while considering yourself coimpletely separate from us
thats like taking up the ass bc youre undercover in a gay bay
Woah take it easy big fella, I didn't mean to upset you!
You're doing just fine with your english little buddy, a bit rough round the edges sure, but you'll get there.
I BELIEVE IN YOU!
Poverty is the lack of goods and service, not paper money. How you get those goods and services is irrelevant.
For example if importing construction materials is cheaper than producing them it lowers housing costs which makes you materially richer.
What you really should be asking is why the supply and demand ratio in the housing market is out of balance.
It can and probably is the case that you don't produce enough domestically but that doesn't mean that trade is bad.
It just means that you have too many lazy people not producing anything of value.
If there are
That is a different issue.
Yes they are put into bonds you silly goose. Why do you exporter like China and Japan hold so many US Treasuries?
You are confusing the order of monetary operations and don't understand the resulting Money power time variation or Cantillion Effects.
The Congress creates a budget which orders the Treasury to get the funds and the Fed types the new money into existence and puts those in the bond markets. The Treasury gets the cash from the bonds and the bondholders who bought the from the Fed Auction get an IOU for that cash 5, 10, or 30 years later + interest.
The New Money is the spent into the economy through Government contractor as per the Budget and that new money is the Highest Power money and why all Politicians get rich from insider trading because that new purchasing power for the "Private Companies" who win the fake contracting bids have higher spending power than the money you get way down the line as the typical wagie in the cagie.
When you get that much lower power money you then have a choice to spend on a local producer or buy Chinese. That money if sent to China isn't used to Chinese workers until if you purchased locally because Chinese workers are paid in artificially low value RMB not USD. Those dollars are used by the Chinese in 2 ways....outbid and outcompete American companies trying for Raw materials and resource like Oil which typically priced and sold in dollars on the global markets. So American companies and thus America labor is less competitive and now you don't a factory job and have be a warehouse Cagie Wagie. The other way the Chinese companies use those dollars is sell to a Chinese Bank who then buy US Treasuries and parks them either in the Fed or some American damaging speculation to fuck your property values so you can't but a home.
Every dollar you send to Chinese weaponized by CCP to make your American dollars less valuable and you quality of life worse in the long term.
but anon
i didnt spend 1 second worth of effort to learn your language. english is half french fyi. upsides of anglos being norman rapebabies i guess...
thanks for the encouragement though
you are indian
buy all the land
you now run the country
???
Israel is our greatest ally!
I'm not arguing in favor of debt. A trade deficit doesn't require debt.
Yeah, how come we cant print more money and give everyone a million dollars
youre a retard
because you cant improvise beyond your textbook
he is a JD Vance indian shill
hey, you fucking goy
care about this completely unrelated issue for a second you dumb motherfucker
i fucked a jewess for a while
theyre desperate to breed the jewish genes out of their genepool, but i didnt give her a kid
when i came i came in her ass
she was mad about me bc i can cum several times in a row
you are muslim, he is indian
araps fuck better
is it the bbc mindvirus, but for jews?
fyi arap women still prefer whitey
t. jeet
jeets fuck better
is this the bbc mindvirus, but for american wagies?
fyi, jeet women prefer whitey...
ive been to jeet land for 2 moths as a kid
No one with a sub-125 IQ or education below a bachelor's degree should be voting.
It's time for the true Republic -- Plato's Republic.
explain
Petro Dollar is the only thing keeping US dollar from collapsing.
China doesn't want use dollars. They have to, because oil transactions must be done in US dollars. If you don't, you'll get bombed.
USA is becoming almost as lazy as Latin America at this point. If BRICS exits US dollar, then USA's "paper money" will be worth about as much as "pesos"
Imagine a thing that costs $200 suddenly costs $1000 or $2000 or even $5000. Bye bye gadgets and tools and cars and nice things. Want to paint your wall? It's going to be very expensive, get used to humidity ridden walls and depression. Welcome Latin America!
USA urgently needs to restore its position as goods economy, and give REAL value to the US dollar.
Petro Dollar is the only thing keeping US dollar from collapsing.
this is old news, now we just print money and give it to us banks to buy us treasuries
I don't see any arguments
Printing money dilutes its value.... it's basically theft.
China doesn't want to do slave labor so Americans have nice things. But China doesn't think about the next 6 months, they're planning the next 100 years.
They want to let USA become weak, and have a TikTok OnlyFans economy, while China builds steel machines and microschips. Eventually all it will take is a little nudge and USA's economy will crumble like a house of cards.
USA needs to build stuff made of steel and cutting edge microchips.
I'm of course exaggerating as USA is still a major economic powerhouse, but that my revert within our lifetimes at current trend.
It's not but it's funny seeing miggers think so.
VIETNAM PLEASE! YOU HAVE TO BUY OUR BUTCHER SCRAPS OR THE DEFICIT WILL KILL US!
Printing money dilutes its value.... it's basically theft.
Printing money is definitely theft, but this money never hits circulation. The Federal reserves prints it for banks to buy US Treasury bonds only. In ten years the banks keep the interest and the printed money is deleted without hitting consumers.
European central bank has now started this shit, we are all doomed
This is contradictory. Of course Americans will utilize their purchasing power to buy shit rather than slave away in a factory.
If you want to "bring back manufacturing" that means you will have to compete with the insects getting paid 2$ an hour.
Tariffs don't fundamentally change that. That's why advanced countries focus on high-tech that third-worlders can't replicate.
There is no world where Americans are rich AND are still doing back-breaking labor.
But foreigners aren't doing that or not eniugh or there wouldn't be a trade deficit. Trump is trying do force them to do it so now you have to give up actual goods and services for something you got for free previously.
The trade deficit is not the fiscal budget deficit. Your government is in debt because your taxes don't cover your expenses because your tax code is written by lobbyists who represent the interests of the rich.
How about you stop allowing a private institution create money out of thin air and lend it back to you at interest, and have the treasury issue it debt-free instead?
Free market bitch. Telling me what I can and can't buy is Communist
It's not sustainable.