China’s Historic Monetary Easing Coming, Yuan to Crash: 10,000 Yuan Equals 4 From 50 Years Ago
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- Опубліковано 9 тра 2024
- A financial blogger from mainland China expressed concerns on May 4 via Douyin, a short video platform, about the imminent era of excessive money printing in China, which has left many Chinese feeling anxious. One netizen responded, "This M2 is like a raincloud Once it pours down, the RMB will become worthless in seconds."
#chinaobserver
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China is adopting the Zimbabwe method of currency management. 😂😂😂
Meanwhile Zimbabwe just went to GOLD!
I got one of those "100 Trillion Dollar Bills" online. It's a nice reminder that money is an idea back by confidence and that money has to be backed by something real, like gold or real estate. You can't just run off billions of Yuan notes on a copier and declare the crisis over. And NO ONE has any confidence in the CCP.
I have some gold bars for sale.
China M2 money supply is $300 trillion.
16 times thier gdp
Have you seen the US M2? No country is paying back TRILLIONS in debt. It’s mathematically impossible without hurting the people. Most countries are screwed. I moved to buying sound assets. Hopefully I able to stave off the inflation. 😢
Those money will go only to the Chinese Officials.
CCP仔 in vancouver
No doubt
what the hell is a freaking RMB?
The only way out is buy gold and silver.
Those who don't learn from history are doomed to repeat it-
The Song Dynasty (960-1279 AD) faced inflation due to the over-issuance of paper money
The Yuan Dynasty (1271-1368 AD), established by the Mongols, experienced hyperinflation, primarily due to the excessive printing of paper money to fund military campaigns and other expenses.
Is it any wonder that gold and silver have been popular for so many centuries?
Thanks for the information .
You cannot fix something when it is all based on lies.
how do you ?
You mean Us?
Exactly. A government cannot create a good economy using willpower. Hence the financial failure of all commie governments
Plot twist: it was always worthless.
The other difference between America's M2 and China's M2, is ±75% of America's M2 is outside the US border, while ±90 of China's M2 never leaves the Chinese borders.
when all those US dollars return to the US the country will collapse quickly.
@@Elmgren76 Or perhaps the Fed will drain them out of the economy as they come in.
90%? More like 99%
#BlockChinafromusingSWIFT
@@embun1945China is so angry now because America printed so much dollars that it is causing global inflation and recession.
USA has printed 6.5 times its M2 money supply in 30 years
I checked . . .
China printed more money,
171 times more in 30 years
and China is printing much more now to save the real estate industry.
(And practically everything else)
。
China GDP grew 47 times only .
But money supply was increased by 171 times .
America's GDP went up only 4 times .
And America's money supply only went up 6.5 times .
Therefore, China printed 400% more money than its GDP growth.
While America only printed 70% of its GDP growth.
I like to call them “fun coupons”
That’s what Xi said
Actually they are Monopoly money
How to fight deflation: hyper inflation
No, the power-that-be won't want to give those plebs too much free cash to spend.
The Yuan will soon be converted to toilet paper replacement if it hasn't already.
Venezuela can use toilet paper.
Arasaka IRL 996 #sloprosperity #theskydontlie
Well, at least they won't have a shortage during the next covid epidemic...
It can join the Dollar, Pound, Euro, Yen, Canadian Dollar etc. Every country in the world has or very recently had the printing presses fired up for the last 15 years. Japan has had negative rates for 8 straight years. The US still has historically low interest rates. When I was a kid, it was 20 plus percent! I opened a saving account in 1987 and got 5% interest on a passbook savings account!!! Cds were going for 9%.
There are open communal toilets in China, dozens of them at least. Fooz are gonna be passing the Yuans around as they wipe.
A job counting all those red bank notes has to be better than being a rural migrant worker in China with barely a renminbi to your name.
Money talks everywhere.
as does violence.
RMB BILLS can be use as toilet paper not completely useless
That's why ccp is hoard Gold with Yuan
Iron bars painted gold
@@wshyangify LOl hoax again. How can Yuan crash if China is the biggest contributor to the global economic growth as Bloomberg stated on its article dated on 18 Apr 2024? on 2nd place was India with 15%. The 3rd place was the USA with 11%. European contributions were about 0.1% to 1%.
It is hoarding tungsten, too.
Good work 🇮🇳
I thought BRICS was going to CRASH the US DOLLAR ? NOT !😂🐷💩🤬🤡
Brics bucks!
Its was a fun joke..
Thats it..
Federal Reserve Note is not the US dollar.
@@christiandunn9715 Brics are crashing by themselves, they are a nice joke..
Never underestimate the enemy
No matter the degree of Economic Rot, the people will not fully wake up.
Wonder what the percentage of the M2 is counterfeit or unauthorized prints.
Dude - M2 doesn't mean "paper" money. Cash is part of it, but the bulk of M2 is bank deposits.
@@HKim0072 LOl hoax again. How can Yuan crash if China is the biggest contributor to the global economic growth as Bloomberg stated on its article dated on 18 Apr 2024? on 2nd place was India with 15%. The 3rd place was the USA with 11%. European contributions were about 0.1% to 1%.
all that excess money printing is going into bribes
Just look at the Saudis. Their swap line is a measly $7 billion (50B yuan) with CCP China.
That's peanuts. Do you think the LIV tour players accept yuan as their cash prize? or the imported Soccer / Football players?
And, the bigger issue is what do you do with the yuan? Invest in tofu dreg real estate? buy stocks on the SSE? or some CCP bonds that are yielding 200 bps lower than UST?
Saudis convert their Yuan to other currencies.
@@jamesdallas1493 I don't think you understand what a swap line is.
LOL you dont understand swap currencies mean. China has Obor with 150 countries members around the world. China is one stop countries. The USA? LOL failure Boeing.
Don’t worry about money printing. The USA has the biggest money printing press in the world. All governments have no money and they have to print money to save their economy. Inflation is part of mankind’s history.
japan says hi 🎉
Dude, LGFVs alone have five times the debt to GDP ratio of the US. This does not include Chinese bank debt or PBOC or national government debt. China built more than double the amount of apartments it needs, while its demographics are less than half of replacement birth rate, due to 40 years of one child policy, planned urbanization and selective abortion male biases. CCP central planning has screwed the Chinese. Equivalence arguments just do not apply. They're priming a pump when the well is dry.
The USA doesn't print, it runs up endless debts.
@leunam3434 The Chinese printing press is 4X bigger than the USA's. Did you watch the video? Thats why the Dollar is not going to be replaced by the Yuan, Euro, Yen, or Pound..... because even with all the problems that the dollar has EVERYONE ELSE IS WORSE.
@@barryraymond9004 LOL CHina population is 4x the USA population. Where is your brain?
China is the ultimate Paper Tiger 😂
China printed not only money but also 😂
China think US can print money so easy. China also want to follow the US n print more money.👈🤣🤣🤣
Good job from the Philippines 🇵🇭🇵🇭
Soon they will be using bottle caps.
Good News: Xi Jinping daughter lives in the US. She uses dollars!
Pooh Bucks will save us all!
Now that's funny AF
@@davidguyette2069 LOl hoax again. How can Yuan crash if China is the biggest contributor to the global economic growth as Bloomberg stated on its article dated on 18 Apr 2024? on 2nd place was India with 15%. The 3rd place was the USA with 11%. European contributions were about 0.1% to 1%.
In the past, Zimbabwe had printed a paper currency with a value of 1,000,000,000. China could do the same and the CCP officials can observe its effect up close and personal.
Chinese Bank actually printed some of their currency twice (same barcode... duplicate cash). It's brought home and given to their family members.
Fiat currencies are being printed by all governments and our Federal Reserve and Treasury Department are no different. Money printing equals inflation and we are all dealing with that. A 50 dollar gold coin fetches $2,300 and a silver dollar can be had for around $32. The gold and silver didn't change, only the paper money to buy them with has changed and lost value.
Remember, China formalized the BRI in 2013
BRI is a total failure!
Are you taling about BRIC?
@@nwbest4336 BRI - Belt and Road Initiative. Chinese funding via loans of other countries' infrastructure projects.
America doesn't print money like crazy 🤣🤣🤣🤣 the best joke i have heard all day.
Yuan currently @~7, going to fair value @~21+, probably will overshoot. In between now and then, there will be tumult.
Printing more money during an economic downturn is the last thing you want to do.
Printing money is like taking a loan, you always end up in minus
Chinese RMB were loaned to Belt-and-Road countries, instead of business owners wanting to pay salaries 😄
We can all go back in the past to see what exchange rates were .
Here was E1.4 to the Rand , R0.96 / $ , Now about 20 to the Rand .
The US printed money after covid , inflation is biting still .
They still have an economy , China does not .
Little change in the west of China since before Mao !
While the US isn't as "bad" with its own m2, it is historically bad enough that they had to raise interest rates to a 20 year high to combat inflation.
That is because low interest rates for the last 30 years is an abnormal period due to a combination of US demographic and international (specifically China) economic and political factors. Check the long term graphs. No point in history resembles the last 30 years.
US exports it's inflation to rest of the world and brings "democracy" to countries, who refuse to trade in dollars. It worked for decades, but dollar printing during covid was beyond insanity.
@@ycplum7062 No....lol
@@lepepelepub12No that person isn't right or no you won't check?
@@somebodyspecific2410 LOl hoax again. How can Yuan crash if China is the biggest contributor to the global economic growth as Bloomberg stated on its article dated on 18 Apr 2024? on 2nd place was India with 15%. The 3rd place was the USA with 11%. European contributions were about 0.1% to 1%.
Hmm , banks buy govt bonds with what ? More debt ?
tofu currency tofu yuan
One way to fix it is to end the stock markets around the world as well as all central banks, we have an old saying here in the states "no matter how you slice it it's still baloney"
ah ! finally someone else like me who thinks stock market shouldn't be allowed, it's a virtual casino where everyone cheats while playing with other people's money
Currently, China is suffering from deflation. In Japan, that has been going on since 1990s.
That is why China government is using current Yuan to buy gold while it still have value.😮
It is using its foreign reserves of USD and Euro to do so.
I’m sick of hearing this gloom and doom. Fail already
Doesnt that mean they'll get to push out exports more cheaper?
Correct but it will be offset by more expensive imports of raw materials if the value of their currency devalues too much.
@@Lufex_ Thanks for the lesson 🙏
The people don’t have money 🗣️ why are you trying to get them to buy things ?! 🗣️
I understood his first sentence without the intrepretation. Yippeee! The Chinese millionaires are now thousandnaires, welcome to the CLUB!
Nah they are still millionaires, but can't afford a 20 million dollar bowl of rice
@@wshyangify LOL the USA always said that but China economy is still growing better than the USA. LOl hoax again. How can Yuan crash if China is the biggest contributor to the global economic growth as Bloomberg stated on its article dated on 18 Apr 2024? on 2nd place was India with 15%. The 3rd place was the USA with 11%. European contributions were about 0.1% to 1%.
When they become desperate, they will be called thousanderos, just like desperados. Lol. 🙃🤣🤣
Government bonds are valued at the fundamental level by people's confidence in the stability and management of a country's government. The US is by far the most secure nation on Earth, so US Treasury notes are the safest government bond available. China is not even close.
Rise up People of China
I have never heard the term M2. What is it?
RMB now used in many countries. South East Asian countries use a lot of RMB
No! I want there to be so many 100 Yuen bills that they can cover the entire surface area of planet Earth 15 times over!
You're going to put the toilet paper companies out of business. Poor Mao, all of those brown streaks on his face.
China needs to even out the wealth gap in the lower classes? Damn, how's that communism working out for ya? 🤣🤣🤣
If they all have nothing they are all equal
China money printing is unavoidable 😢
quantitive easing with Chinese characteristics.
yes , prices are going up all over the world
Would be nice to see what the Chinese pay for petrol / diesel/ electricity/ water , then we can compare .
RMB should be about 12 to 1. This is a very difficult situation for China. Perhaps they’re just trying to wait it out and hoping the USD will weaken.
Not 15 but 30
Thank you No one will do Forex (Foreign Exchage) with Yuan, eYuan or RMB, CHINA MONEY. I traveled to Bali and try to exchange my RMB (Yuan) with local currency Rupiah; to my surprised No one would like to exchange my RMB, China money. They look for U.S.$, Euro, Aus$, Can$.
1 US dollar in 1950 is worth 13 dollars in 2024 when adjusted for inflation.
1 US dollar in 1970 is worth 8 dollars in 2024 after adjustment for inflation.
Question for everyone: how many hours a day would you turn off your money-printing machine???
0 hour
Compared to US it’s nothing
bowl of beef noodles would hit 190 yuan long before it hits 100 yuan. Deflation isn't so gradual once food transport hubs start to go bankrupt... Given ties to military production of local food crops, distribution of food is usually one of the immediate reactions in a deflationary cycle; as people only start to spend money on food, some industries remain price/volume stable while others go wild in supply and shortages.
Chairman Mao, the highest paid official in the PRC, got 404 RMB per month in 1955 when the new currency was introduced, and 600 (USD 92) by the time of this death. That was six times the pay of a top rankng official (100 RMB). Many people was well paid with 50-60 RMB well into the 1980s
Until 1990, the highest denomination note was 10 RMB, a little fortune.
wealth gap not the problem - funny how a channel devoted to economics thinks "wealth gap" is the problem.
Problem is that the few people have to much, they can only spend so much, until they have everything, the money does not circle or is spent fast enough, people should have good salaries so that they can spend more thus increasing the market value.
Thecwealth gap is always the problem, no matter what.
You can't eat money regardless of what it is made of. When the fall comes, it will be better to be a lowly farmer. Corn potatoes, eggs, wheat...worth more than paper money or shiny pieces of metal.
People saving all their money in banks will get a huge shock when all those savings become worthless suddenly. Then even the chinese govt wont bail anyone out. better to eat good food now when you have the money and live well. The entire world economy is going to shit soon.
It's friday and The China Show is upcoming, don't forget to tune in
Nice
What's there for China to worry if you compare with America and Japan. China is the world manufacturing house, can always revalue the currency and many Global South nations will hold Chinese Yuan instead of USD for trade. China debt is own domestically whereas USA is mostly external and imploding today.
Makes sense
You really need to look at your graphs - they don't make sense.
Yesbut the US deregulated, China did not which means controlled inflation.
2:46 if you ever feel useless, just remember this machine flipping yuan bills exists when they could've just idk ROTATED THE MACHINE LMAO XD
China has printed ¥28 trillion yuan in 2022 alone.
China's total M2 money supply is ¥266T trillion yuan . More than USA, Japan, Germany, and south Korea combined.
M2 money supply is a measure of the total amount of currency and near money in a country's economy. It includes cash, checking deposits, savings deposits, money market accounts, retail mutual funds, and time deposits.
Back to rice farming 🇨🇳
I wonder how much Yuan one could expect one Yuan to be worth in 2031?
Making the rmb worthless is one way to help people with mortgages, I guess.
The RMB will soon be worth less than than a piece of toilet papee or Zimbabwe dollars. They won't print the zeros though. Just like the similar history of early Weimar republic or Venezuela.
Great! JPY , RMB all fiat goingi down the drain. Buy BTC.
paper money aint a problem anymore
its digital...
even in this side of the globe
we dont really know how banks are using those 1 and 0's... and we "trust" they doing the right thing (lol)
Money printers goes brrrrrrrrrrr!💸😂
I don know whether all these vlogs are true/mean anything etc., but I see the whole situation in both east and west as being unsustainable and we’re all going down at the same time. Question is , do we have courage to hold the elites accountable and do the needful 🤪🤣🤣🤣🤣🤣🤣
The US is the most insulated economy on the planet. Food independent (kinda), Energy independent and the ability to absorb immigrants (if politics don't get in the way) to grow population.
Given china hallowness
In ALL spheres
it’s a obvious outcome
Now you know why the RMB, under such circumstances, will never be the World’s standard currency and replacing the USD… LOL
1:47 most handsome leader in the world
China CCP only keep printing yuan, increasing M2, due to property value keep dropping, banking crsis, low cofidence, stock market collapse, high unemployment.. soon $ 25yuan:1 US
The Yuan crashing harder than the 3 gorges dam soon.
I am a NewbieEconomicdumb. Chinese only can print Yuan and the Printed Yuan are only in Local Circulation and they are in their Digital PaySystem. USA is the only nation had the ability and capability to Print US$ when, where ,how and the quantity and to be transfered or exported off shore.
This is how it works, USA is harvesting from the World and the harvest are deliver to their door steps. They spend lavishly and pass their inflation to others . USA not only wanted the Yuan to crash but the Complete CPC and the Chinese Buddies to vanish.
Don't worry random Chinese guy...The CCP has 1.4 billion Chinese for re-education camps for farming/labor, if things get too bad. You'll have guaranteed employment, forced labor isn't that bad.
Why work hard? Just print money
Gold will go up if this happens
I wish it is true 1 RMB = IDR 1. Maybe in year 2345
TWO MORE WEEKS!
Year 2000 to 2013 is not that far off economic growth. The economy allegedly grew from 1,2 trillion to 9,6 trillion in USD, so a 7,9 times increase. While the money supply grew about 7,65 times. After that it kinda goes out of whack.
2013 -> 2020 = 53% gdp growth (allegedly) vs 100% money supply growth
2020 -> 2023 = 19% growth in GDP (allegedly
2020 -> 2024 = 50% growth in money supply
These are all just fantasy numbers of course. But even the CCP agrees that they are printing more money than the economy is growing. Who knows what the true number is tho? I doubt even the CCP has the capacity to find out.
Buy Physical Gold and Silver... and hard assets
What the phuk is "RMB?"
BTC is the way
Does China reference themselves as the CCP?
Really? More "china is crashing" stories?....we still doing this?
this is what happens when you endure instead of getting change
More like being in denial and papering over the holes rather than change.
Reason is to prepare to become global currency only if other nation buy RMB to be trading currency tocreplace usd