China does not say things, unless they have already taken action regarding a subject or they have had enough of something! Well, China has come out today and said "THE U.S. DOLLAR PRINTING IS OUT OF CONTROL"! This is HUGE NEWS!
This means China is at their End of their Patience with the U.S., they are now out right declaring they KNOW the end game the U.S. plans - Hyperinflation to pay off debts!
The Commerce Minister of China is the One who said this in public at a trade fair.
Small Portion:
"Because the United States' issuance of dollars is out of control and international commodity prices are continuing to rise, China is being attacked by imported inflation. The uncertainties of this are causing firms big problems," Chen was quoted as saying by the official Xinhua news agency.
Chinese officials have criticized U.S. monetary policy as being too loose before, but rarely in such explicit language.
So, China has officially declared the U.S. printing is out of control and the Fed has announced they will buy 4 Trillion in T-bills if need be! So if they think the printing is out of control now, well.............. Hold On, you ain't seen Nothing Yet! The U.S. government will not be happy until we have hyperinflated our way out of debt! Their attitude - To Hell with everyone else, including the American people and the world who will suffer over this!
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