china defeats the usa one product at a time using monetary policy:
There was still little understanding of
the occurrence and long-term effect of the Chinese attack. This was partially as a result of Chinese
bolstering of the US economy by underwriting reckless loans to undermine the economy in secrecy. The result was the US currency had no value
supporting it as manufacturing was exported overseas. The Chinese currency, appeared less valuable
based on an artificial exchange rate.
At any moment China could reveal the truth and reverse the values merely
by removing the open and notorious false exchange rate. The US government was unwilling to challenge
this because they were weak and addicted to the cheap goods to keep the voters
complacent. The goods were not cheap,
because the price was the value of the US currency and, more importantly, the
manufacturing might and accompanying world respect of the United States. The Chinese did not reveal this, even when
the balance was tipped irretrievably in their favor, because they were using
this false valuation which they created in order to steal all manufacturing and
technology from the US and to have the US pay for the transfer. Had they bombed Detroit, perhaps it would
have been more obvious. It would not have
been more effective.
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