China Officially Now Has World's Largest Economy According to IMF...

[Poitier]

I will never trust a Chinese bank as they manipulated their currency for years now

And irony escapes this one!!!!

 

[Leasy]

And irony escapes this one!!!!

No it didn't I don't trust any banks but China hell ball breh

 

[Black smoke and cac jokes]

The land of exploitation and counterfeits. How long will they use their own people for world gain.

I will never trust a Chinese bank as they manipulated their currency for years now

and the dollar isn't?

 

[Leasy]

and the dollar isn't?

I live in America though.

 

[StackBundles]

Does China print their own money or do they have a federal reserve type of joint

 

[Ghost_In_A_Shell]

like we didn't see this coming..........

 

[Black smoke and cac jokes]

I live in America though.

The chinese are doing what they are supposed to though, cornering the manufacturing market with every monetary trick possible

Does China print their own money or do they have a federal reserve type of joint

 

[StackBundles]

The chinese are doing what they are supposed too though, cornering the manufacturing market with every monetary trick possible

U know what I meant breh. Like the US doesn't issue its own money. The federal reserve does. Does China have this system

 

[Black smoke and cac jokes]

U know what I meant breh. Like the US doesn't issue its own money. The federal reserve does. Does China have this system

Yea, China has a central bank called People's Bank of China but it's an extension of the government, just like here so I don't understand why you would distinguish the FED with "the US". The government do issue their own currency.

 

[Kritic]

The land of exploitation and counterfeits. How long will they use their own people for world gain.

I will never trust a Chinese bank as they manipulated their currency for years now

who doesn't...

 

[Kritic]

Yea, China has a central bank called People's Bank of China but it's an extension of the government, just like here so I don't understand why you would distinguish the FED with "the US". The government do issue their own currency.

federal reserve is not govt. china doesn't do it like "here".

 

[StackBundles]

Yea, China has a central bank called People's Bank of China but it's an extension of the government, just like here so I don't understand why you would distinguish the FED with "the US". The government do issue their own currency.

The federal reserve is a private bank isn't it? That's why I asked

 

[Bawon Samedi]

Nope, China’s economy hasn’t yet surpassed America’s
http://qz.com/278012/nope-chinas-economy-hasnt-yet-surpassed-americas/

 

[JahFocus CS]

Everyone has a different method to measure the size of economies and economic strength. I don't think anyone will say, regardless of this PPP measurement, that China has more economic influence or strength than the U.S. though

 

[Domingo Halliburton]

And irony escapes this one!!!!

Does China print their own money or do they have a federal reserve type of joint

The chinese are doing what they are supposed to though, cornering the manufacturing market with every monetary trick possible

The federal reserve is a private bank isn't it? That's why I asked

dont listen to these morons. Yes china controls everything through their central government unlike the US (and most developed countries) which has a separate entity control monetary policy to keep it away from bullshyt politics.


what china doesnt allow their currency to do is float freely. And they actually manipulate the shyt out of it and peg it to the US dollar (unlike most developed countries with modern economies).

now them not letting the yuan (or renmibi whatever you want to call it) freely trade like every other major currency keeps them out of letting countries trade imports and exports in it. But their economy is so big it will eventually float freely.....these aren't bad things....if china does better we will too.

the clowns in here are going to claim the federal reserve is manipulating our currency and all I'll say is inflation is not a bad thing.

@StackBundles