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CCP's Failing Economic Model
- The Chinese Communist Party's (CCP) economic model of state capitalism with communist control is failing.
- The CCP's model involves transferring wealth from the American middle class to slave labor in China.
CCP's Extraordinary Measures
- The CCP is taking extraordinary measures like spending trillions and printing money to prop up its failing economy.
- This devaluation of the Chinese Yuan gives their exporters an advantage over American producers, impacting the relative value of currencies.
Monitoring Currency Manipulation
- Monitor how much gold the dollar buys versus how much gold the Renminbi buys to keep an eye on Chinese currency manipulation.
- If the Renminbi devalues faster, it indicates manipulation to gain an unfair advantage in global markets.