Submitted by BubsyFanboy t3_126xlg0 in worldnews
partysnooper t1_jedkkdm wrote
Reply to comment by Ancient_Artichoke555 in China calls US debt trap accusation 'irresponsible' by BubsyFanboy
Two currencies? First time I've heard about that
Ancient_Artichoke555 t1_jedobfd wrote
I was made aware by documentary source.
And for the life of me I want to be able to re-watch and wish I knew how to find it. I have tried and tried and tried searching through the pbs source I watched through and have been unsuccessful.
So I found two currencies either in a documentary about warehousing somewhere in China that has a “free trade” area that basically helped buyers and sellers use a space that basically talk around the money issues with wine purchases. Like importing and duty and legalities in that nature.
I have wanted to see this documentary again for the warehousing aspects. Like the fundamentals or principles of warehousing viewpoints were something to want to see again.
Or a documentary about the artist Ai Weiwei. I could probably find this documentary and watch to see if this knowledge was mentioned at a particular part when money just starts to anonymously be gifted by the people to help him settle bail and court and the like. They either raised his bail, or that is when it is said the second currency didn’t have the same value as the other at the time so he needed more.
IIRC I do believe it’s called the peoples money and the states money that are the two currencies running in or used in China by the people. China tightens up the use of iirc the peoples money when there isn’t enough states money being utilized or weak I suppose you’d call it. When there’s enough stability of the states money the people are not scrutinized and go back to using the peoples money.
The only other things within the warehouse documentary or what I am calling the warehouse documentary also had tellings on a scale of food to people ratios.
I can remember a person was quantified or computed by using a unit of rice that equated to a handful.
I so want to watch this documentary again. You have started me to want to search again and 😲😫 I’m waiting for my router to be fixed and I can’t even search 😖
But I can speculate that chinas if they were smart they started collecting greenback their own selves for the value of the us dollar. That ohh so badly do they want to flip.
I mean if they’re the ones supplying Mexico with raw materials to make dope, and Mexican cartel has nothing but greenbacks 🤷🏻♀️ I’ve seen other countries trade in currency and the American greenback is top notch even in places I would have thought not.
partysnooper t1_jedptoz wrote
Damn that was a full lecture. Thank you for your time for the explanation.
>I can remember a person was quantified or computed by using a unit of rice that equated to a handful.
I guess China plays Shogun Total War real life.
It actually makes sense why they want so much dollars if their currency is bogus one.
There were also rumors at the start of war Russia sold dollars for yuan to China, but after a couple of months wanted to trade the yuan back for dollars, but China didn't want them. So this makes more sense now as well.
Ancient_Artichoke555 t1_jedqx4y wrote
Funny you mention a game I have never heard of but is war and you say china plays real life.
My first huge company I worked for was a Chinese tech company in USA. I was fairly young 20s and a lot ignorant to life or lacked wisdom really.
My Chinese National boss who jeez I miss and couldn’t believe he smoked 😳🤣 anyways.
After one long night and he shouldn’t have been at work that late but obviously something was going wrong and had been in meetings half the evening.
Because of Philips intensity that night I never ever have forgotten what he said to me that night.
- silence is golden- I gathered from the Chinese translation of his analogy he gave.
2)to the Chinese he said business IS war.
[deleted] t1_jedrh0f wrote
[removed]
Ancient_Artichoke555 t1_jedqf2f wrote
Ohh dang so now you are letting me know how Russia stayed afloat. America thought Russias currency was going to fall sooner than it did. And really even if no one outside is trading your own money, your money can still have value within your own system.
I thought China was brilliant in at least computing as part of their systems based on or with having a persons rations allocated.
I’m not saying it right. But basically china if it can’t pay you in money, it has a system in place that would allocate you the bare minimum to exist in rice rations.
I was intrigued and wanted to watch simply because of the thought processes involved.
partysnooper t1_jedqnyz wrote
> Ohh dang so now you are letting me know how Russia stayed afloat. America thought Russias currency was going to fall sooner than it did. And really of no one is trading your own money, your money can still have value within your own system.
Yeah the currency can't go down when no trade is happening, they wanted to supplement trade with EU and USA with China, but China is not that willing. They also trade oil through a shadow fleet of vessels, but it far less profitable than normal, they are slowly sinking.
Ancient_Artichoke555 t1_jedrho2 wrote
Oil, that was another one. I remember ages ago when no one was supposed to be selling oil to nkorea low and behold here’s russia vessels offloading oil to nkorea 🤷🏻♀️ and not that long ago it was China vessels pulled up to nkorea while Russian trains were to and fro. And nobody knows nothing 😳🤷🏻♀️🙄
Kim and Xi are the friends from long ago. Russia has always been willing probably for what they have endured since ussr has made some friends along the way too. Those three have been very interesting to watch as this tells the story of time.
partysnooper t1_jeds80q wrote
Kim is useful for Xi, as China does not want a direct border with a country hosting a US military base aka South Korea
Ancient_Artichoke555 t1_jedvjd9 wrote
You can’t tell Kim is the trigger, Russia I feel was influenced to go ahead so China could watch what strategies were going to be utilized by nato and perhaps is depleting resources to a point in which they can make a move.
For some time now, and I was shocked at the joes first hosting of all nations in alaska and how xi replied in that very first round two years ohh three years ago now said a bunch.
And yet China has been sprinkling the globe with theirs. I mean the islands alone that have been built up on the chinas east coast and southerly towards australia have been in the works for some time. China and Russia have been keeping the ice broken up above Russia for some reasons besides saving gas bring goods to the world.
It is very interesting times we live I can say that much.
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