When we talk about money printing, we must distinguish between the system of Quantitive Easing used by governments with private central banks like the US and de facto the UK and ECB and between the money printing of the PBOC.
QE is used mainly to pay the interest on debt created by the privatization of the money supply.
It seems to have been used during the covid scam to cushion the social consequences of freezing the economy during lockdowns etc
China s central bank prints money as single entry book keeping allowing it to create cash without debt or interest as discussed by Prof Franz Hoermann in 2010 in an article I translated.
China s transformation from a low wage, "slave econnmy" run essentially by the private Western bankers and the Rockefellers to hollow out US manufacturing a sophisticated financial and economic and military power has been missed in the West because of the censorship of the media, now so familiar to the public due to covid.
The growth of China since 2010, by three to four times shows just how right I was to focus on this method of printing money as the source of growth.
Thanks to this system of money printing and other factors, including an alliance with commodity rich Russia and Iran, China may suffer turbulence from the US tariffs but it will adjust and come out stronger while this time, the US economy be finally sunk by the WEF elite and Gates and Soros shadow government in the Trump admin.
In fact, this is how the US became so wealthy before the Fed was privatized in 1913. Tariffs played a minor role and were implemented in a totally different way and content from Trump self induced disaster.
https://www.telegraph.co.uk/money/money-printing-prevent-global-market-meltdown-britain-ban/
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