You set up a Japanese shell company, get a bank account. Then you transfer renminbi to your company’s bank in Tokyo, settled in Yen. At that point, the money basically vanishes.
"Without homes for the homeless and without a well thought-through system of prevention in every community, we will not be able to tackle homelessness and the housing shortage."
Compton turned out to be right about nuclear detonation...and we can only hope the Fed gets it right this time... But you might want to think about owning a bit of gold and silver... just in case these guys ignite the atmosphere.
The whole reason the Fed is buying Treasury bonds in this “not QE” program is to allow the spending and borrowing to continue without pushing up interest rates...
A Beijing-based think tank has become the first Chinese economic research institute linked to the government to predict that China’s economic growth rate will slow below 6.0% next year.
Fed Chairman Jerome Powell said that "the federal budget is on an unsustainable path" that ultimately could limit lawmakers’ ability to support the economy in a downturn.
