Protect your family from eating Chinese made food.

[tableplay]

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.