Posts: 7,425
   
Threads: 1,118
    
Likes Received: 2,176 in 1,684 posts
Likes Given: 214
Last 3 years, US tried to raise interest rates to 5.5% so as to deplete capital in China to return to USA. The attempt failed.
Now reverse to lower interest rates, money will flow back to China.
China huat liao!
.
Posts: 16,049
   
Threads: 701
    
Likes Received: 3,136 in 2,792 posts
Likes Given: 998
(30-09-2024, 11:16 AM)webinarian Wrote:
Last 3 years, US tried to raise interest rates to 5.5% so as to deplete capital in China to return to USA. The attempt failed.
Now reverse to lower interest rates, money will flow back to China.
China huat liao!
.
Huat ah.
Posts: 7,425
   
Threads: 1,118
    
Likes Received: 2,176 in 1,684 posts
Likes Given: 214
China IC export almost up 25%.
Of course, US export of IC will be down.
![[Image: Semi-Conductor04.png]](https://i.ibb.co/bF9GV7w/Semi-Conductor04.png)
.
Posts: 3,605
   
Threads: 207
    
Likes Received: 249 in 231 posts
Likes Given: 7
Nah. It is common knowledge tt they raise it to control inflation. The higher rates also hurt the US economy. The interest rate in the US is always set by Fed members who r bankers and not politicians or army generals. Not sure y pple can warped till to think the US uses interest rate as a weapon to attack other countries.
"the devil is attacking you and not your argument because he is weak”
>
(This post was last modified: 30-09-2024, 10:59 PM by
revealer.)
Posts: 16,049
   
Threads: 701
    
Likes Received: 3,136 in 2,792 posts
Likes Given: 998
(30-09-2024, 10:48 PM)revealer Wrote: Nah. It is common knowledge tt they raise it to control inflation. The higher rates also hurt the US economy. Not sure y pple can warped till they use interest rate as a weapon.
Try too hard to defend yr master...
Users browsing this thread: 1 Guest(s)