Chris Olson
👤 SpeakerAppearances Over Time
Podcast Appearances
that would be good for us as well because the Chinese Yuan is so incredibly cheap compared to the dollar.
And I think that's been, people have accused China of being a currency manipulator to maintain that artificial cheapness because it makes Chinese imports so cheap and American exports to China very expensive.
So that's helped to fuel a lot of the offshoring of our industrial base to China.
over the last almost 30 years now, since roughly 97, I think is when that began in earnest.
But that also is sort of a side effect of maybe this fiat currency system that not only are we able to manipulate
But maybe other people are also able to use that system that's set up against us.
And that's probably what's been happening to in terms of our relationship with China.
So I think there's a lot of.
problems that we could solve internationally and even domestically if we were to return to some form of an honest money standard an actual standard that everyone is held to yes a set of norms and and and that makes everyone forced to deal honestly so that your word is your word
And your currency is your currency.
And we disclose what these things are and we're transparent.
That would be a first step towards maybe rectifying so many of the evil things that have happened.