Txinari buruzko hiru txinpart.
a) Txina salbatuta dago
Izan ere Mosler-ek umore finez dioenez[1], Txinak ez du izango inongo arazorik zeren Harvard-en hezitako Liu He[2] lanean ari baita (sic).
Kar!
b) Bien bitartean, AEBetako asko kezkatuta dago Txinaz
Arinegi hazten ari omen da Txina eta horrek finantza porrota ekarriko bide du[3].
Randall Wray-k dioenez, horietako gehienek ez dute ulertzen Txina herrialde subiranoa dela, bere moneta jaulkitzen duela eta haz daiteke berak nahi eta erabakitzen duen abiaduran[4].
c) Txinatik dolarrak behar omen dituzte AEB-ek
AEBetan defizit histeria handituz doa. AEB dolarrik gabe geratzen ari ei da eta dolarrak Txinan daude!
Randall Wray-ren hitzez[5],
(i) AEBak subiranoak dira[6]
(ii) Txinak dauzkan dolar guztiak AEBetatik datoz[7]
[1] Ikus http://moslereconomics.com/2013/10/07/were-saved-china-harvard-educated-liu-he-on-the-job/.
[2] “…he is the most influential middle-aged economist in China” (sic).
[3] ikus http://www.economonitor.com/lrwray/2013/10/28/monetary-and-fiscal-operations-in-china-an-mmt-perspective/.
[4] Ingelesez, “Affordability is not an issue. China has the fiscal capacity to resolve any financial crisis, and it can “afford” to grow fast if it chooses to do so.”
[5] Ikus http://neweconomicperspectives.org/2013/11/china-dumps-us-treasury-bonds-paul-krugman-inches-toward-mmt.html.
[6] Ingelesez, “Can anyone, please, explain to me how the sovereign issuer of the US dollar—Uncle Sam—could ever run out of his supply of dollars?”
[7] Ingelesez, “Folks, all the dollars the Chinese have come from the US. There is no net supply of dollars from China.
They get dollars from net exports to the US. These end up at the Bank of China. The Bank of China rationally prefers to earn interest on dollar holdings, so these are converted to US treasuries. This is nothing more than a balance sheet operation on the books of the Fed: Bank of China reserves at the Fed are debited and Bank of China treasuries are credited. There’s no net flow of dollars to the US Treasury.”
