Page 1 of 2 12 LastLast
Results 1 to 20 of 38

Thread: Protect your family from eating Chinese made food.

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    I got this from a good friend. I assume it's accurate.

    ALWAYS READ THE LABELS ON THE FOODS YOU BUY--NO MATTER WHAT THE FRONT OF THE BOX OR PACKAGE SAYS, TURN IT OVER AND READ THE BACK---CAREFULLY!
    With all the food ...and pet products now coming from China , it is best to make sure you read label at the grocery store and especially Walmart when buying food products.
    Many products no longer show where they were made, only give where the distributor is located.
    It is important to read the bar code to track it's origin.
    How to read Bar Codes .... interesting!
    This may be useful to know when grocery shopping, if it's a concern to you.
    GREAT WAY TO "BUY USA & CANADA " AND NOT FROMCHINA!!
    The whole world is concerned about China-made "black hearted goods".
    Can you differentiate which one is made in Taiwan or China ?
    If the first 3 digits of the barcode are 690 691 or 692, the product is MADE IN CHINA.
    471 is Made in Taiwan .
    This is our right to know, but the government and related departments never educate the
    public, therefore we have to RESCUE ourselves.
    Nowadays, Chinese businessmen know that consumers do not prefer products "MADE IN CHINA", so they don't show from which country it is made.
    However, you may now refer to the barcode - remember if the first 3 digits are:
    690-692 ... then it is MADE IN CHINA
    00 - 09 ... USA & CANADA
    30 - 37 FRANCE
    40 - 44 GERMANY
    471 ... Taiwan
    49 ... JAPAN
    50 ... UK

    BUY USA & CANADIAN MADE by watching for "0" at the beginning of the number.
    We need every boost we can get! Pass this on to everybody on your E-Mail Contact List!!
    If the government won't help us, we MUST help ourselves.

  2. #2
    You are not wrong but what you suggest is near impossible these days for most people.
    Most people don't have enough money to be able to afford what you suggest.
    The governing bodies sold out long ago to China and China has infiltrated every aspect of American Life.
    Even if you buy American you will find out the company has some sort of ties to China.
    I bought a Ford Truck but you can trust that many of the parts are Made In China.
    Even the Ham you buy at the Grocery Store that is Made in America is owned by China... etc etc.
    You could blame Truman with the MacArthur situation but I am sure it started much earlier than that.
    The world allowed Germany to rebuild its Army to 5th in the world just recently.
    I think they are ranked 13th at the moment and this is less than 100 years after WW2.
    Japan is currently ranked 5th.
    We sold out to Sony long ago.
    As I said before... America is a business and we are basically a bunch of whores.



  3. #3
    Originally Posted by monet View Post
    You are not wrong but what you suggest is near impossible these days for most people.
    Most people don't have enough money to be able to afford what you suggest.
    The governing bodies sold out long ago to China and China has infiltrated every aspect of American Life.
    Even if you buy American you will find out the company has some sort of ties to China.
    I bought a Ford Truck but you can trust that many of the parts are Made In China.
    Even the Ham you buy at the Grocery Store that is Made in America is owned by China... etc etc.
    You could blame Truman with the MacArthur situation but I am sure it started much earlier than that.
    The world allowed Germany to rebuild its Army to 5th in the world just recently.
    I think they are ranked 13th at the moment and this is less than 100 years after WW2.
    Japan is currently ranked 5th.
    We sold out to Sony long ago.
    As I said before... America is a business and we are basically a bunch of whores.


    The Chi-Comm's have used the trade deficit money to buy up a lot of shit in the U.S.A.
    "More importantly, mickey thought 8-4 was two games over .500. Argued about it. C'mon, man. Nothing can top that for math expertise. If GWAE ever has you on again, you can be sure I'll be calling in with that gem.'Nuff said." REDIETZ

  4. #4
    Originally Posted by mickeycrimm View Post
    The Chi-Comm's have used the trade deficit money to buy up a lot of shit in the U.S.A.
    It's quite a good gig they have going. Their government prints them up fiat (paper with ink on it) and then they exchange it for physical assets here in the United States such as expensive real estate.

  5. #5
    Originally Posted by tableplay View Post
    Originally Posted by mickeycrimm View Post
    The Chi-Comm's have used the trade deficit money to buy up a lot of shit in the U.S.A.
    It's quite a good gig they have going. Their government prints them up fiat (paper with ink on it) and then they exchange it for physical assets here in the United States such as expensive real estate.

    Dollar denominated assets are purchased in dollars.

  6. #6
    Originally Posted by smurgerburger View Post
    Originally Posted by tableplay View Post
    Originally Posted by mickeycrimm View Post
    The Chi-Comm's have used the trade deficit money to buy up a lot of shit in the U.S.A.
    It's quite a good gig they have going. Their government prints them up fiat (paper with ink on it) and then they exchange it for physical assets here in the United States such as expensive real estate.

    Dollar denominated assets are purchased in dollars.
    Holy smokes thanks for that !! I was thinking that Chinese Renminbi could be exchanged for USD and then the resulting USD could be used to purchase physical US assets. What was I thinking (I should have put the intermediate step in my previous post, but I just figured I wouldn't get nitpicked over semantics) ? Anyway thanks for setting me straight.

  7. #7
    blackhole wrote:

    I got this from a good friend. I assume it's accurate.

    All due respect you believe in MDawg!
    Last edited by BoSox; 04-15-2020 at 06:26 AM.

  8. #8
    Originally Posted by blackhole View Post
    I got this from a good friend. I assume it's accurate.

    ALWAYS READ THE LABELS ON THE FOODS YOU BUY--NO MATTER WHAT THE FRONT OF THE BOX OR PACKAGE SAYS, TURN IT OVER AND READ THE BACK---CAREFULLY!
    With all the food ...and pet products now coming from China , it is best to make sure you read label at the grocery store and especially Walmart when buying food products.
    Many products no longer show where they were made, only give where the distributor is located.
    It is important to read the bar code to track it's origin.
    How to read Bar Codes .... interesting!
    This may be useful to know when grocery shopping, if it's a concern to you.
    GREAT WAY TO "BUY USA & CANADA " AND NOT FROMCHINA!!
    The whole world is concerned about China-made "black hearted goods".
    Can you differentiate which one is made in Taiwan or China ?
    If the first 3 digits of the barcode are 690 691 or 692, the product is MADE IN CHINA.
    471 is Made in Taiwan .
    This is our right to know, but the government and related departments never educate the
    public, therefore we have to RESCUE ourselves.
    Nowadays, Chinese businessmen know that consumers do not prefer products "MADE IN CHINA", so they don't show from which country it is made.
    However, you may now refer to the barcode - remember if the first 3 digits are:
    690-692 ... then it is MADE IN CHINA
    00 - 09 ... USA & CANADA
    30 - 37 FRANCE
    40 - 44 GERMANY
    471 ... Taiwan
    49 ... JAPAN
    50 ... UK

    BUY USA & CANADIAN MADE by watching for "0" at the beginning of the number.
    We need every boost we can get! Pass this on to everybody on your E-Mail Contact List!!
    If the government won't help us, we MUST help ourselves.
    Hey, BH. You finally made yourself useful. Thanks.
    "More importantly, mickey thought 8-4 was two games over .500. Argued about it. C'mon, man. Nothing can top that for math expertise. If GWAE ever has you on again, you can be sure I'll be calling in with that gem.'Nuff said." REDIETZ

  9. #9
    Gold LMR's Avatar
    Join Date
    Mar 2020
    Location
    https://www.youtube.com/watch?v=_xA2VqPvBnQ
    Posts
    555
    Originally Posted by mickeycrimm View Post
    Hey, BH. You finally made yourself useful. Thanks.
    Yeah, with the 690, 691, and 691+1, numbers. The D'COVI numbers. (061119.)
    Lustin' lutins (from) NUTS:LI (Lichtenstein), unlist insult, until's sunlit!


    p
    M
    u
    r
    taRd

    ---> MR. L(osing).


    Shut it down, LMR. = Low Mind thRust, (invar.)

    555 = 111 + 4*111 = 15*37, or 37*15, as 153, and 7, or, 371, and 5. As 153 on 371, to 5/7 left, as 6 +/- 1.

    3/21 to 8/22 is 153 + 1 days. 321 = 107*3 + 0; 123 = 3*71 + 0. To 1/0. 822 = (-1 + 7)(37 + 100); 228 = 57[6 - (1 + 1)], ---> 11411. 15[3^2] = 153 + (5 + 1). 154 days is ~ 42.08% of year 2020. 451 = 11*41^1.

  10. #10
    Originally Posted by LMR View Post
    Originally Posted by mickeycrimm View Post
    Hey, BH. You finally made yourself useful. Thanks.
    Yeah, with the 690, 691, and 691+1, numbers. The D'COVI numbers. (061119.)

    For LMR and monet: I was completely unaware of this until a friend passed it along. So, for what it's worth, does this remind you of anybody?

    Revelation 13:5

  11. #11
    Originally Posted by redietz View Post
    For LMR and monet: I was completely unaware of this until a friend passed it along. So, for what it's worth, does this remind you of anybody?

    Revelation 13:5
    Trump and Fox News is really in your head huh lol??
    It seems they really bother you.
    I believe that CNN, MSNBC, FOX NEWS and the like are basically for entertainment.
    I hardly watch them but recently with the Chink Virus I have flipped back and forth of all the stations.
    It certainly isn't the news I grew up with.
    To me it seems like some entertainment, propaganda machine.
    And that is all of them not just the Liberal side or the Conservative side... they both are ridiculous.
    What is with the Chink Virus Images in the background all the time??
    I find those floating images to be very offensive.
    However, I have to change the channel pretty quick as they both just talk complete, emotional nonsense.
    You act as if Hilary won the election we would be on easy street.
    It does not matter who is president as Lyndon Johnson basically proved that notion.
    Corporate America has taken over long ago.

    I am pretty sure we haven't seen the Beast yet.
    It could be figurative and not a literal person and if it is a person these were stronger candidates than Trump.
    Stalin, Lenin, Hitler, Mao, Amin, Mugabe, Kim Jong, Brezhnev, Hirota, Hirohito, Kai-shek, Wilhelm II, Ho Chi Minh, Hussein... etc etc.
    The list is much longer but I got tired of typing out leaders of the world in the last century or so that are completely worse than Trump.
    You don't like Trump... ok ok... he won't be in office forever and you can complain about the next guy unless you agree with the next guy.
    In which case you will have to defend instead of attack.

    It figures that we would think the Beast or Anti-Christ would come from America lol.
    Egotistical American Bullshit!
    I see no ground for that line of thought.
    Plenty of other countries for these entities to come from if they are actual flesh.
    China is about to take over the world anyway.
    If not through pandemic, trade or war they will just assimilate everyone through reproduction.
    Last edited by monet; 04-15-2020 at 09:48 AM.

  12. #12
    Originally Posted by blackhole View Post
    I got this from a good friend. I assume it's accurate.

    ALWAYS READ THE LABELS ON THE FOODS YOU BUY--NO MATTER WHAT THE FRONT OF THE BOX OR PACKAGE SAYS, TURN IT OVER AND READ THE BACK---CAREFULLY!
    With all the food ...and pet products now coming from China , it is best to make sure you read label at the grocery store and especially Walmart when buying food products.
    Many products no longer show where they were made, only give where the distributor is located.
    It is important to read the bar code to track it's origin.
    How to read Bar Codes .... interesting!
    This may be useful to know when grocery shopping, if it's a concern to you.
    GREAT WAY TO "BUY USA & CANADA " AND NOT FROMCHINA!!
    The whole world is concerned about China-made "black hearted goods".
    Can you differentiate which one is made in Taiwan or China ?
    If the first 3 digits of the barcode are 690 691 or 692, the product is MADE IN CHINA.
    471 is Made in Taiwan .
    This is our right to know, but the government and related departments never educate the
    public, therefore we have to RESCUE ourselves.
    Nowadays, Chinese businessmen know that consumers do not prefer products "MADE IN CHINA", so they don't show from which country it is made.
    However, you may now refer to the barcode - remember if the first 3 digits are:
    690-692 ... then it is MADE IN CHINA
    00 - 09 ... USA & CANADA
    30 - 37 FRANCE
    40 - 44 GERMANY
    471 ... Taiwan
    49 ... JAPAN
    50 ... UK

    BUY USA & CANADIAN MADE by watching for "0" at the beginning of the number.
    We need every boost we can get! Pass this on to everybody on your E-Mail Contact List!!
    If the government won't help us, we MUST help ourselves.
    The Taiwanese won’t eat “made in China” either.
    Keep your friends close, keep your drinks closer...

  13. #13
    Gold LMR's Avatar
    Join Date
    Mar 2020
    Location
    https://www.youtube.com/watch?v=_xA2VqPvBnQ
    Posts
    555
    Revelation 13:5, "And the beast was given a mouth uttering haughty and blasphemous words, and it was allowed to exercise authority for forty-two months."

    Gee, there's that number 42, again. "The Answer to the Ultimate Question of Life, The Universe, and Everything. " https://en.wikipedia.org/wiki/42_(number)

    Of course, the digits of the number 153, which, I guess, along with 173, forms the 42nd dimension.

    153 ---> 135, as 173 ---> 137.

    Name:  Answer_to_Life.png
Views: 2547
Size:  52.0 KB
    Last edited by LMR; 04-15-2020 at 09:22 AM.
    Lustin' lutins (from) NUTS:LI (Lichtenstein), unlist insult, until's sunlit!


    p
    M
    u
    r
    taRd

    ---> MR. L(osing).


    Shut it down, LMR. = Low Mind thRust, (invar.)

    555 = 111 + 4*111 = 15*37, or 37*15, as 153, and 7, or, 371, and 5. As 153 on 371, to 5/7 left, as 6 +/- 1.

    3/21 to 8/22 is 153 + 1 days. 321 = 107*3 + 0; 123 = 3*71 + 0. To 1/0. 822 = (-1 + 7)(37 + 100); 228 = 57[6 - (1 + 1)], ---> 11411. 15[3^2] = 153 + (5 + 1). 154 days is ~ 42.08% of year 2020. 451 = 11*41^1.

  14. #14
    Gold LMR's Avatar
    Join Date
    Mar 2020
    Location
    https://www.youtube.com/watch?v=_xA2VqPvBnQ
    Posts
    555
    Originally Posted by LMR View Post
    Revelation 13:5, "And the beast was given a mouth uttering haughty and blasphemous words, and it was allowed to exercise authority for forty-two months."

    Gee, there's that number 42, again. "The Answer to the Ultimate Question of Life, The Universe, and Everything. " https://en.wikipedia.org/wiki/42_(number)

    Of course, the digits of the number 153, which, I guess, along with 173, forms the 42nd dimension.

    153 ---> 135, as 173 ---> 137.

    Name:  Answer_to_Life.png
Views: 2547
Size:  52.0 KB
    Getting back to the 153/173 numbers. There are two very basic ways in which these two numbers are connected.

    Firstly, by sums of squares. 3^2 + 12^2 = 153; and 2^2 + 13^2 = 173. The progression that results from subtracting 1 from the first number to be squared, while, adding 1 to the second number to be squared. The next number in this progression is, 1^2 + 14^2 = 197. The previous number is, 4^2 + 11^2 = 137. Note that 153 is "on" 173 because of the way that the 2's, and 3's, shift about the other to make up the 153, and 173. Note also the numbers 137, and 197 involve the numbers 1, 4, 11, and 14. A bit of symmetry going on about the 153/173 turn-around spot.

    Secondly, by sums of cubes. The pattern by which 1^3 + 5^3 + 3^3 = 153, and, 1^3 + 7^3 + 3^3 = 371, may be extended by padding these numbers with the digits 0, 3, and 6.

    1^3 + 5^3 + 3^3 = 153;
    16^3 + 50^3 + 33^3 = 165033;
    166^3 + 500^3 + 333^3 = 166500333;
    1666^3 + 5000^3 + 3333^3 = 166650003333; and so on.

    Similarly for the other side, with the padding in reverse, the new digits go on the other sides of the original numbers.

    3^3 + 7^3 +1^3 = 371;
    33^3 + 67^3 + 01^3 = 336701;
    333^3 + 667^3 + 001^3=333667001;
    3333^3 + 6667^3 + 0001^3 = 33366670001; and so on.

    Another thing I noticed with the numbers from BH was that, eg, 692 = 4*173. Some other relevant "fun" numbers. 365 = 5*73 = (4 + 1)*73; 365 = (-1 + 53)*7 + 1; and 365 = 4*(13 X 7) + 1. As well, forty-two months amounts to 3.5 X 1 year.

    How can the basic algebraic results and properties of numbers matter? Well, if we take the math to be numbers, and the physics to be dimensions, then there is a dimensional equation beginning with where the mathematical point coincides with the physical point. Then it can be determined which dimensions are the very basic ones, from where numbers such as the above coincide to form the turn-around dimensions.

    Any and all corrections welcome. "Wonky" numbers are easy to get jumbled up. Maybe, tomorrow, I can get around to tying up some loose-ends about the number 644, from Deech, and the numbers that Monet seems to spout out without knowing it. I don't know that Monet knows what he's talking about, half the time, but some okay numbers come out of him. Ha.
    Lustin' lutins (from) NUTS:LI (Lichtenstein), unlist insult, until's sunlit!


    p
    M
    u
    r
    taRd

    ---> MR. L(osing).


    Shut it down, LMR. = Low Mind thRust, (invar.)

    555 = 111 + 4*111 = 15*37, or 37*15, as 153, and 7, or, 371, and 5. As 153 on 371, to 5/7 left, as 6 +/- 1.

    3/21 to 8/22 is 153 + 1 days. 321 = 107*3 + 0; 123 = 3*71 + 0. To 1/0. 822 = (-1 + 7)(37 + 100); 228 = 57[6 - (1 + 1)], ---> 11411. 15[3^2] = 153 + (5 + 1). 154 days is ~ 42.08% of year 2020. 451 = 11*41^1.

  15. #15
    Gold LMR's Avatar
    Join Date
    Mar 2020
    Location
    https://www.youtube.com/watch?v=_xA2VqPvBnQ
    Posts
    555
    Originally Posted by LMR View Post
    Maybe, tomorrow, I can get around to tying up some loose-ends about the number 644, from Deech, and the numbers that Monet seems to spout out without knowing it. I don't know that Monet knows what he's talking about, half the time, but some okay numbers come out of him. Ha.
    Well, tomorrow is here. It's good to, again, have a bit of free time. If a few numbers aren't your thing, then just skip this post. I'm not so much into the internet betting stuff, but, I wonder that there will be another surge in virus cases, after this one plateaus, and, then, dips a bit.

    Here is Monet's post, from the grocery thread. I will leave the number stuff at Monet's shopping trips to just this one.

    Originally Posted by monet View Post
    I went to El Super today around 5pm.
    Probably not a great time to go shopping.
    No lines this time and they had everything I wanted in stock.
    I didn't see any limits on any items but I didn't check everything.
    I bought 11 lbs of chicken, 6 lbs of beef and 5 lbs of pork.
    I got a bunch of oranges, lemons and other vegetables.
    40 eggs, a gallon of milk, 2 loaves of bread and a marble cake.
    Got a few other snacks as well and the cart was full before I realized it.
    125 dollars later I was out the door.
    The digits of the second part, of Monet's post, are, numerically, fairly straightforward, and, stand on their own.

    40 + 2 = 42; or, 4121 = 317*13. And, 125 = (1)5^3.

    The first part is what tied into the number, 644. I was amazing how virtually most of these early numbers tied together.

    Put the 11, 6, and 5, lbs together for 1165 lbs / 5 pm = 233. 2*233 = 466 ---> 644, Deech's number, by doubling the 4 where the 6's are.

    As with the post about 644, also 466 has representations by 4's, 6's, and 9's. Of course, though, these representations didn't work out nearly as neatly as with the number, 168.

    Originally Posted by LMR View Post
    Originally Posted by Deech View Post
    644 virus cases at the plant. I predict a LMR numerology compilation forthcoming.
    644 = 9*72 - 4 = 9*9*8 - 4 = [9^(1 + 1)][10 - (1 + 1)] - [1 + sqrt(9)] ---> 91111119;

    644 = 4*161 = sqrt(16)*161 ---> 16161;

    644 = 14*2*(24-1) = (4 + 10)(1 + 1)(10 -1 + 14) ---> 41111114.
    466 = 2*233 = 2{-[(9 + 1) / 2] + 2*119} = {-[9 + (1 + 1)^0] + 2*2*119] ---> 9111111119; and

    466 = 2*233 = 2{-sqrt(9) + 2(-1 + 119)} = {-[sqrt(9)]2 + 2*2(-1 + 119)} ---> 91111111119.

    466 = 2*233 = [2(116 + 1) - 1]2 ---> 111161111; and

    466 = 2 + 116*2*2 = (1 + 1) + 116(1 + 1)(1 + 1) ---> 111161111.

    466 = 2*233 = 2[(4 - 1) + 2(1 + 114)] = [(4 + 2) + 2*2(1 + 114)] ---> 41111111114; and

    466 = (114 + 2)4 + 2 = [114 + (2 + 1 / 2)]4 = {(4 + 110) + [(1 + 1) + (1 + 1)^0] / (1 + 1)}4 ---> 4111111114.

    So, there's a way to do each of these representations with eight 1's. Some have nine. I like to try for the same numbers, or, to have the numbers average out, in other ways.

    Incidentally, I found another two ways to thusly represent 644, in terms of 6's.

    644 = [(-10 / 2) + 166]2*2 ---> 1111661111; and

    644 = 2*161*2 = (1 + 1)161(1 + 1) ---> 1116111.

    Neither manner quite fits in with the separate 4's and 9's that have six 1's in between.

    Originally Posted by LMR View Post
    If v = 22, with z = 26, then, I guess, off hand, kinetic E ---> (1 / 2)59 = (1 / 2)[6(10) - 1] ---> (1 / 2)611, so that we are, maybe, back to the alternative Jackie Robinson "method" of trying to make 42.

    https://vegascasinotalk.com/forum/sh...l=1#post110269
    Incidentally, the (1 +1)^0 trick seems a way to make the (1 / 2)611 work out. Well, (1 / 2)611 = {[(1 + 1)^0]611} / 2 ---> 11611 / 2 ---> 42 / 2.

    Originally Posted by LMR View Post
    Originally Posted by Deech View Post
    As a Brooklyn native, the number 42 relates to one specific individual, Jackie Robinson. Since I try to stay way from politics and we have three inches of snow on the ground, I though I would glance at this Hall of Fame's statistics.

    Damn, the virus and snow has caused me to become a hybrid of Monet and LMR (try putting them both together in the same room).

    If you take Jackie's: RBI total minus Batting Average minus Home Runs minus Steals of Home (a major league record at the time) minus date of debut divided by number of all star appearances…...what do you get? Number 42

    734 - 311 - 137 - 19 - 15 ./. 6 = 42

    I showed my wife this equation with enthusiasm. She demanded that I take my first drink of the day.
    Those numbers not including 42 add to 1222 = (1 + 1)*611 ---> 11611; 42 = 6^2 + 6 = 6^(1 + 1) + 6 ---> 6116. This is like the number 611 facing outward, or inward, with overlapping 6's, or 11's.

    In other words, you can go from 1222 to 11611, to 6116, to 42.

    https://vegascasinotalk.com/forum/sh...l=1#post102344
    Anyway, always likely another error or two. It's not much fun re-trudging through a bunch of numbers.
    Lustin' lutins (from) NUTS:LI (Lichtenstein), unlist insult, until's sunlit!


    p
    M
    u
    r
    taRd

    ---> MR. L(osing).


    Shut it down, LMR. = Low Mind thRust, (invar.)

    555 = 111 + 4*111 = 15*37, or 37*15, as 153, and 7, or, 371, and 5. As 153 on 371, to 5/7 left, as 6 +/- 1.

    3/21 to 8/22 is 153 + 1 days. 321 = 107*3 + 0; 123 = 3*71 + 0. To 1/0. 822 = (-1 + 7)(37 + 100); 228 = 57[6 - (1 + 1)], ---> 11411. 15[3^2] = 153 + (5 + 1). 154 days is ~ 42.08% of year 2020. 451 = 11*41^1.

  16. #16
    Is there any way to differentiate between US and Canada? Personally I prefer to try to not support the sport of hockey, if possible, and I don’t really consume syrup anyway.

  17. #17
    But the only reason they can exchange their currency for dollars is because the counterparties want their currency...to buy their goods.

    I'm trying to understand what your "good gig" notion is.

  18. #18
    Originally Posted by smurgerburger View Post
    But the only reason they can exchange their currency for dollars is because the counterparties want their currency...to buy their goods.

    I'm trying to understand what your "good gig" notion is.
    Trading paper with ink on it for physical assets - like getting a house for handing over a briefcase loaded with paper that has ink on it. A counterparty will take the action because they take a vig when they do the currency exchange (of Renminbi to USD).

  19. #19
    Originally Posted by tableplay View Post
    Originally Posted by smurgerburger View Post
    But the only reason they can exchange their currency for dollars is because the counterparties want their currency...to buy their goods.

    I'm trying to understand what your "good gig" notion is.
    Trading paper with ink on it for physical assets - like getting a house for handing over a briefcase loaded with paper that has ink on it. A counterparty will take the action because they take a vig when they do the currency exchange (of Renminbi to USD).
    Market makers take a vig. Counterpartys pay the vig, because they want the currency, because there is an enormous demand for Chinese goods.

    Furthermore your disparaging remakes about currency apply to all cash transactions...what does any of that have to do with China?

  20. #20
    Originally Posted by smurgerburger View Post
    Originally Posted by tableplay View Post
    Originally Posted by smurgerburger View Post
    But the only reason they can exchange their currency for dollars is because the counterparties want their currency...to buy their goods.

    I'm trying to understand what your "good gig" notion is.
    Trading paper with ink on it for physical assets - like getting a house for handing over a briefcase loaded with paper that has ink on it. A counterparty will take the action because they take a vig when they do the currency exchange (of Renminbi to USD).
    Market makers take a vig. Counterpartys pay the vig, because they want the currency, because there is an enormous demand for Chinese goods.

    Furthermore your disparaging remakes about currency apply to all cash transactions...what does any of that have to do with China?
    A person who wants to pay for a house will pay the vig to the market maker to get the correct paper with ink on it (USD) so that they can exchange it (paper with ink on it that has the shape of a former US president) for the physical asset (the house). What it has to do with China is that the Chinese government prints up fiat, gives it to its citizenry (retired government officials and people closely affiliated with the Chinese government) and then they come over here and buy up real estate (exchanging it for US dollars first), like in Vancouver, Canada, or silicon valley for example.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Get Your 2016 Family Budget Ready
    By Alan Mendelson in forum Money, Shopping, Real Estate, Investing
    Replies: 0
    Last Post: 12-23-2015, 12:57 AM
  2. Should we play craps for the Chinese New Year?
    By Alan Mendelson in forum Las Vegas
    Replies: 0
    Last Post: 02-01-2013, 10:18 PM
  3. Protect your cards.
    By Alan Mendelson in forum Las Vegas
    Replies: 0
    Last Post: 10-06-2012, 11:10 AM
  4. How do you protect your money when playing in a casino?
    By Alan Mendelson in forum Las Vegas
    Replies: 1
    Last Post: 09-25-2012, 08:30 PM
  5. Dinah's Family Restaurant
    By Alan Mendelson in forum Whatever's On Your Mind
    Replies: 0
    Last Post: 09-09-2010, 03:45 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •