Why are ru*SSians and ch*Nks so evil?

Anyone that does anything to have a better trade position than the USA is an enemy of Trump.

Well yeah

China doesn’t even try to negotiate with him anymore. He has no staying power.

And here comes the low IQs, circlejerking each other "ha, we are smart because we dont like trump and other people dont as well and by heard mentality we are right and thus smart". There is no doubt in my mind that none of you have an actually understanding of the currency and interest rate markets, or macroeconomic policy, and any attempt to quickly wiki some bullshit about it just to pretend like you have an understanding will just be a submission of your stupidity. There is a reason why none of you get to make macroeconomic policy shifts or diplomatic actions

But economists call him an idiot too.

Dios mio...

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>There is no doubt in my mind that none of you have an actually understanding of the currency and interest rate markets
Did you find the time to read about that between two mcdonalds lardass?

isn't USA sanctioning Russia? Why should they do any favors to America?

This but unironically.

Trump is losing his sanity.

I voted for him but he has clearly been mentally devastated in office

The guy never wanted to be president and now everyone shits on him because he is incompetent, as expected. He is going crazy.

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Economists also did an extremely poor job of predicting the financial crisis, and macroeconomic thought has evolved massively over the years. Anyone who has objectively looked at economic statistics understands that macroeconomic projections are dubious at best.

Switzerland plays this game a lot. Don't know if China and Russia play it. But Switzerland is small, so nobody cares.

China yuan in real inflation-adjusted terms is 40% stronger today than in 2008.

China’s current account surplus is smaller than Japan and Germany’s.

What exactly are they doing that warrants Trump’s claim of devaluation.

He sanctioned Russia and threatened China with tariffs. That directly causes currency depreciation...

Wrong again. At his last checkup he scored an actual perfect score on the mental faculties section (30/30 points), using the same doctor that Obama used. Also, human memory is flawed, and if you look at every president in the past, you'll find numerous flip flops. Also, it's unfair that you can change your opinion but that he cant

Actually, 1 guy did predict the subprime mortgage crisis. It happened because of the lax regulations put in place by the Bush administration.

Go back to eating KFC, Mr. Trump. Non of us are buying it

Healthcare outcomes in Canada are fucking shit. The system in the USA was the greatest in the world until bureaucrats stepped in

>momentum
Trump confirmed for Corbyn puppet.

Opinion discarded. The level of change of the yuan has nothing to do with china stepping in and manipulating the trajectory. If the fair value of my currency requires a 200% appreciation, and I step in and stop the appreciation at 40%, I've been manipulating. Once again, the stupid have shown their true colors but not understanding economics (but hey, at least you know that the word appreciation exists, and your willing to throw it around stupidly)

>

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The USA has third-world tier healthcare.

A few people did, yes. But this bodes poorly for the overall economic community, since often times the economic reasoning that the people believe is based on the majority of economists having a certain view on things, and ignoring the minority of economists who have differing opinion. Hence why macroeconomic predictions that are given to the public are dubious

Brainlrt here I thought we devalued Russia's currency and it caused them problems? Is that what they wanted?

>China’s currency should have appreciated more than any other currency on the planet since 2008, despite a current account surplus that fell from 12% to 1.3% in the same time period
>despite the American-run IMF stating the yuan is fair value
>despite the TREASURY REPORT YESTERDAY SAYING THE YUAN IS FAIR VALUE

There is a serious problem when Trump signs off on a report that says X and the next day says Y.

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>"ha, we are smart because we dont like trump and other people dont as well and by heard mentality we are right and thus smart"
witty and biting satire my friend, you sure got them

Same shit different asshole. You call it currency manipulation some call it quantitative easing.

All you motherfuckers fuck with their currency some just do it better then others and some complain louder then others.

As expected, once I told you that it was the same doctor as Obama, you got BTFO'd and had to retort with a non argument. Intelligent:1, idiots:0

China wants to devalue their currency but theyre having trouble doing it. Japan used to do the same thing in the 80s so the US could no longer compete.

Not only that, Trump literally sanctioned Russia on Tuesday last week causing a 15% fall ruble and then claims less than 6 days later that Russia is purposefully devaluing its currency.

>American-run IMF
>IMF
>International Monetary Fund
>American-run
Kek, the stupid make this too easy for me. Opinion discarded

>You call it currency manipulation some call it quantitative easing.
Holy fuck, these are two massively different things. Opinion 100% discarded

>China wants to devalue their currency but theyre having trouble doing it.

news.research.stlouisfed.org/2017/03/china-defends-the-yuan/
wsj.com/amp/articles/china-august-forex-reserves-down-by-93-9-billion-as-pboc-intervenes-1441614856

>despite the TREASURY REPORT
Uh oh.

>all these triggered (you)s
good work user

Yeah it does now. Wasn't like this for years until government stepped in and screwed everything up

We have veto power over all IMF decisions. The policy director is also always an American.

Haha. QE is printing money. Currency manipulation is government intervention on the value of currency.

QE Is a form of currency manipulation. Eat a dick mate.

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Yeah, if he doesn't know what the IMF is and is willing to cite it, 99% chance he doesn't know what the treasury report is or what stock it holds. No point an arguing with an ignorant person who completely believes they are correct. It's only worth it to argue with the intelligent skeptics, as their views are willing to change and a new more intellectual view can be achieved through the discussion

>QE is printing money
Yes user, they fire up the printers, make $100 bills. Very good user

You dont know what the dollar index is or what QE is. You just like to google search charts and then pat yourself on the back when you find one that looks like it follows your views

A problem here is that Trump was right in 2000-2015, but not anymore.

China APPRECIATES its currency, which might be manipulation but is EXACTLY WHAT TRUMP WANTS.

The Treasury report stated that China’s appreciation is good for the USA. He signed off on the report yesterday afternoon.
So he literally is acting insane.

You're such a hopeless faggot. Go shill on Jow Forums

Christ, obviously they don’t physically print out all the money. They simply buy back a certain number of their own bonds in a denomination of US fucking dollars. Can you not be retarded? Yay, let’s buy back trillions of dollars of our own bonds with money we just made up!

pimco.com/en-us/insights/economic-and-market-commentary/global-central-bank-focus/currency-and-qe-ramifications-of-questioning-the-euro?google=amp

cmcmarkets.com/en/news-and-analysis/dollar-soars-qe-approaches-end_amp

First off, you don't understand the mechanism through which china manipulates the currency. Secondly, china doesn't appreciate their currency. They currently have it largely pegged, preventing its movement outside of a narrow range

I would say get an education, but from my experience educating low IQs is pointless, as it just gives them a perception of intelligence

> Russia trashed its currency and turned ruble into toilet paper to hurt American economy.

Pucking Futin.

Then why did it appreciate 15% last year? That was the biggest move ever in their currency.

Nice “range”.

>Yay, let’s buy back trillions of dollars of our own bonds with money we just made up!
Yes, and in your mind dollar denominated bonds is the same thing as buying the Yuan. As someone who knows how the system works, I'll let you know that you have no idea what you are talking about. You shouldn't have an opinion on something you dont clearly understand. As a life lesson, always assume you know much less than you know, and only after years of study should you feel comfortable giving an opinion

>he doesn't understand economics
>he posts economic articles
If you cant see why this logically doesn't make any sense then there is no hope for you

Yes, I can tell I'm talking to an intellectual here

I said it’s the same shit from different assholes. You call it legitimate form of manipulation, QE, while other forms of currency manipulation as illegitimate.

It’s the same shit honey, currency manipulation. Some countries are just better at it then others.

You don’t get the moral high ground when you are a hypocrite.

Might as well just say it as it is "I believe i know economics (even though i dont), but I like saying QE, currency manipulation, and bonds because it makes me feel like I'm smart"

Putin is playing 3D Monopoly

Are you seriously going on the angle that quantative easing has no effect on the value of a countries currency?

It does have an effect user, but it doesn't stop the fact that you dont understand how it works. I'll tell you how it does. First things first, what is QE?
>Quantitative Easing is a program involving the large purchase of assets by a central bank
Any asset user. In the USA this also included mortgage backed securities and other assets. Here's how it affects the currency:
>1) the central bank purchases bonds
>2) the central bank has the authority to print money, and thus can unlimitedly purchase bonds
>3) an increase in the demand of bonds increases their price
>4) bond prices move inversely with interest rates (to entice the bondholders to sell their bonds, you have to offer them more attractive yields by offering a higher price)
>5) Currencies are affected by interest rates to a degree, and the lower rates caused by the bond purchase program results in a depreciation of the currency, as it becomes less attractive to invest in a country with lower interest rates
>6) the relationship between rates and currencies is dubious, as the state of the economy also affects the attractiveness of the currency

Thus, the process is complicated, and you should be be arguing something with someone unless you can explain the logical steps necessary to support your argument. At any chain in the process, other factors come into play, so you need to defend why each step in the process should work the way you expect. Truth be told, I never take issue with people holding opinions on they have followed a logical chain that justifies why their opinion may be correct. I take offense when people spout headlines and buzzwords

If it has an effect then it’s currency manipulation by definition. You can argue that it is not the purpose of QE to manipulate currency but that does not change the matter of fact user. You are assigning meaning and purpose to something after the fact. Same way you accuse other countries of currency manipulation, they don’t see the effect on their currency as its intended effect.

You can accuse other countries of manipulating their currency until you are blue, but the fact is their excuses are as legitimate as yours ‘ ohhh that isn’t the intended effect so it’s okay’.

You didn't understand a word I said

Likewise user, likewise.

It's actually not likewise, but whatever you say

...

You claim I don’t understand your point of view, that is why I disagree.

I claim the same about you user.

.
in the same way; also.

First off, the mechanism china uses and to manipulate currency is different from QE. Second, when you purchase a baked chicken at the store, it's technically currency manipulation since it has an effect on the currency (at least this is how you view it)

No kidding? And like I said. China will simply say the same thing you say. ‘ that the monetary policies intended effect was not to manipulate the value of our currency, it was intended to do .

> Why are ru*SSians and ch*Nks so evil?
Couse Trump is so retarded to declair war with two countries at the same time.