Originally Posted by smurgerburger View Post
First of all governments do not normally fund their expenditures through printing money AFAIK. If they did there would be rapid annual inflation in countries like the US where the federal budget is 21% of GDP (per google).

But second even if they did...why would this not be "worked for or earned" any more than any other method of government funding?

Or if you think all purchases of assets by governments are bad for some reason, why single China out?

As I said earlier I think you are conflating the issue of a rival country making strategic purchases of US assets with some obscure notion that purchases by sovereign governments are cheating because they can print money. The former is a legitimate national security concern, the latter is just voodoo as far as I can tell.
Giving people fiat and then having them bring that fiat to another country to buy up all the real estate is what I'm stating here. If you choose to believe this is not occurring or that it is but that it has no effect on the well-being of the economy of the United States or its citizens that is your business. I believe it does occur and that it does affect things adversely.