You are doing that thing again. Is China living closer to the ideals of the empire or Mao or closer to the rules of Adam Smith just like US? You keep lambasting the US for the exact rules you are playing. The British messed China up, but should I say its ok since the Mongol empire pillaged everything from Hangzhou to Kiev? You keep doing that thing again. That said it hadn't no impact on its laws under decades of Mao or Deng. Western powers couldn't impact China in those decades no matter how hard they tried. Well yeah, the US was fairly open about what it did to Japan. It didn't turn around and act like it was pulling protectionist measures. It didn't start acting like it was Japan who started it in the first place. You claiming you are American doesn't lend credibility to your argument. Its so useless since there are bot farms within america itself. Your arguments should be the only defence here.

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Actual US cash currency in circulation, held by individuals/businesses/banks: $2.4 trillion US currency created via fractional reserve banking (bank can lend $10 for every $1 held, creating $9 from thin air): $20.7 trillion Notional US currency value created by stock derivatives: $296 trillion So yeah, take that loan out, none of this shits real anymore

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It helps the poor because the subprime lenders will be motivated to lend with such high interest rates 😤

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I'll try for the 5 year olds out there -  If inflation is 10% and you lend someone $100 at 5% interest (aka yield) for a year, then you get repaid $105 ($100 + 5%) but it is really worth something like $95 ($105 - 10%, or $105/1.1) after inflation. $95 is less than your original $100 here, that is an L *fortnite floss dance* Logically then, for you to not lose money on the loan, you need to charge more than 10% yield (your return needs to be higher than inflation) so you don't take an L . As a lender you demand a yield higher than 10% or else you won't make the loan (i.e. buy the bond). *6-7 hand motion* If the Fed doesn't take steps to keep inflation under control (i.e., hike rates), it would spiral higher and higher, so lenders would demand higher and higher yields to compensate for the risk. *teabag* Thus:  No hike = higher inflation = bonds need higher yields = borrowing is more expensive  *griddy away*

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oh no! banks have to pay 1/4 of 1% more annually to lend to each other overnight! i better sell all my real gold because the dollar is suddenly very valuable! said nobody ever.

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interest rates shouldn't exist, we should just lend money for free conditioned that you'll only buy stonks. stonks to infinity 🚀

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someone lend me 500 to trade i need to be saved from this wendys dumpster

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