Damus
gladstein profile picture
gladstein
@gladstein
The “China was ripping us off” is such a gaslight

US policymakers intentionally designed a system where we could get cheap stuff and labor from China to reduce inflation and costs of living here in America

The CCP has happy to play its part but this was intentional

We aren’t a victim here, we got to buy unlimited stuff with debt issuance with China as the factory with lower wages that we could possibly have here

Take China away and we have crazy inflation after the Great Financial Crisis

Today the system is wobbling, and needs some kind of reset, but don’t let them fool you into thinking we were getting “ripped off”
4811❤️47🤙18💯6❤️2🎉2👍2
Empka · 55w
"chatgpt, how do I dampen an escalating trade war"
Sovereign Being · 55w
A reset, you say? Perhaps a great reset? 👀
DRE · 55w
US policymakers are not the “us” obviously China and US policymakers were ripping off small businesses and the workers of this country. You know the people that voted for Trump because no one else gave a shit about them. China has also stolen billions worth of IP. It’s a gaslight if you’r...
OceanSlim · 55w
We did get ripped off... By the politicians...
BDC · 55w
Don’t make me tap the sign. lol ———— | BTC | | Fixes | | This | ————
Diacone Frost · 55w
I vaguely remember a speech from Friedman where he compared producers and consumers view. when you have a household is it better to for you to get more things in then you have to give out?
Brisket · 55w
It's the Chinese people who got ripped off. They became slaves to the US while their Govt accumulated gold & embedded their social control system.
JT · 55w
You should've outsourced this post to an Indian call center.
Undisciplined · 55w
We (regular American and Chinese people) have been getting ripped off. They (American and Chinese ruling class) have been ripping us off. The issue is the statist linguistic trick of getting regular people to identify with the regime.
youngMoney · 55w
I beg to differ
Coolcat · 55w
This deserves negative zaps
Satosha · 55w
nostr:nevent1qqszm8c7e3ph78h4ygaw0cd7ms5y0wj4me4qt8xmpk8jwfjfw62u55sprpmhxue69uhhyetvv9ujuen0w4h8gctfdchxvmf0qgs94uregcr2zk6kg8394g3aqjh5evxh6hngkyw2edr726jxnr7233qrqsqqqqqpmp6yr4
JustinErtia · 55w
No, that's upside down. China never got out from under its 1 child policy demographic tyranny. Then Maurice Strong fled there and managed the global warming hoax that saw the first tranche of outsourced manufacturing/ energy resource under the Kyoto Protocol in '97. Have you ever done business with ...
Rand · 55w
take IT back to source*/*
Ľḭṿḙśƫṟãɖãṁṹṧ💫#RunCoreV30 · 55w
Well said
Nadia · 55w
EXACTLY
Moss · 55w
I agree. If the US government had used the tens of trillions of dollars spent on the military-industrial complex and wars to invest in manufacturing infrastructure, manufacturing industry upgrades, and labor rights, the US would have remained the world's largest manufacturing power. China has invest...
Bitcoin Ranger · 55w
Agreed, we got the petro-dollar in return. The world hasn’t been cruel to the US.
EmilG · 55w
Wrong! They were for cheap labor, but they were not for giving the IP to China, while China stole and pillage the ideas of American people. They never signed the contract to hand over the intellectual property, but the gangs of China bullied their way through.
Charlie · 55w
Totally. Whole thing is cringe