CHINA INFLUENCE OVER THE DOLLAR

China's Influence Over The Dollar
by Bradley W. Higgins

We give up one's freedom when we in debt ourselves to another!

With that said the leaders of our country have been selling are freedom for the last 16 years to China.
In the past China held over $1 trillion in T-Bills and in 2008 the held $486 billion in T-Bills. You ask why this is so important to the US economy?
With China own deficits out of control do to the interest rise of there currency vs the US dollar, China is no longer accumulating T-Bills and it has been selling off T-bills sideways to gain dollars to buy oil, steel, and cement. After all the are the second largest country behind the US in oil consumption, and with there growth burst they need money.

Now that Iran has offered to sell oil to any one but the US in other currencies, will further drive up the price of oil.

Why do they need money? After all the sell $17 billion dollars a month of goods to US alone. Most of the goods bought from China are in the form of loans from the government of China made to the US and US companies. With this type of practice it lowers the value of the Dollar.

US companies keep telling the investors of positive gains in there stocks from having its products made in China, but they don't tell is that most of the gains or fictitious because of the interest rate they are paying years down the road.

So in turn we as Americans have traded US jobs that would stop the rescission in the US for fictitious gains to line corporate America's pocket book. So is China to blame? No they just knew how to market them self to greed, corporate America found ways to to get rich quick and never stopped to think what the out come would be to Americans.

We as Americans are to blame as well, we wanted it cheaper and cheaper and never thought about what the cost would be until now, and we expect the government to bail us out when we the consumer's are the ones to blame in whole.