The China Thread

Meanwhile, China is cracking down on zionist churches at home.



Before the Handover, their HK sect tried to get their followers to drink bleach.

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Sort of off-topic for the regular dirt here, but another thread made me want to say something: I miss bicycling in China a lot!

The worst thing about Chinese drivers is they don't look where they're going, but when you're on a bicycle, this is fantastic! You can just weave through the predictably chaotic traffic patterns at will without disturbing their sensibilities. I used to ride through the city streets of Guangzhou for miles and see if I could make it to my destination without ever touching a foot down, much less stopping.

Back in the Americ, drivers notice you and react, so you have to follow the rules and wait to get hit by the inevitable drunk Mexican or angry American, whereas in China, all you had to do was avoid the city buses and their Death Race 2000 casting call "drivers", and you were good to go.
 
The branch thing is similar in some European countries, for example France. I think in China though things might have changed, in that a lot of the financial transactions can be handled thought the main apps.
So you also do not know how the Chinese banking and monetary systems work, but with one infographic about inflation did you jump to the conclusion about what it is and that it is fundamentally different from the Western one?

There is a lot of knowledge about how things work at the highest levels of the West, such as the banking and monetary systems, as well as the interactions between the West & East / Capitalist & Communists, that are known only because of a few people and the research they did in the 20th century.

Norman Dodd revealed how tax-free trusts, like the Ford Foundation, were used for money laundering and actively pursuing the radical reformation of Western society at every level when he worked for the Reese Committee. He worked in that subversive system, beginning as a banker, and was, as a forerunner to the Church Committee that exposed the CIA and other crimes in the early 1970's, a kind of whistle blower, but he also did a lifetime of research to understand what he'd gotten himself into.

Antony Sutton researched how the West transferred wealth and technology to the Soviet Union, without which they would not have been able to even pretend to have been a competitor or threat. He published several excellent books documenting what occurred.

Eustace Mullins spent years of research when he worked in the Library of Congress in order to expose the Federal Reserve as a private banking cartel in his books, which cost him his job and much more. Everyone who came after, like G. Edward Griffin, was standing on the shoulders of this giant in order to talk about the Western central banking model, International Bank of Settlements, etc.

Carroll Quigley was a Georgetown Univ. professor who taught the US Foreign Service and was mentor to Pres. Bill Clinton, and it was Quigley who exposed the 19th century, secret society roots of the political system of subversion and control that we live in today, which emanated from freemasonic circles in The City of London banking establishment. He demonstrated this in his two books, Tragedy & Hope and The Anglo-American Establishment, because he was proud of it and was tasked as its historian by the umbrella organization fronting for the Satanic secret societies that organized the world that we live in today.

I'm not aware of any similar groundbreaking works regarding China, probably because the methods for its inclusion in the system were well-established by the time things were finally put into motion during their WW2 era civil war, where Mao was put into power by this system so that he could damage China sufficiently for it to be controlled from the outside. I have also not seen anything to suggest that they, or Russia, are not part of this one-world government system that has been extensively exposed by those mentioned here, as well as many who depended upon their research, but came later.

In his lengthy books, Quigley, acting as the assigned historian for the Council on Foreign Relations, directly (but not explicitly—it's unnecessary) confirmed all of the research of Dodd and Mullins, and indirectly that of Sutton, not to mention so many others who came later, who documented the development and existence of a one-world government that is run by banksters.

I really think the burden of proof is on whomever wants to claim that China and Russia are not integral parts of this system to do so with something more than assumptions and randomly sourced infographics.
 
^I am familiar with these men and their work, have read a summary of Tragedy and Hope.

The globalists do have a slice of the China action in the form of partnerships in public-private conglomerates like CITIC, but they do not own any part of the PBC, the central bank of China.

One of the main features and tell-tale sign of the fractional reserve private central banking system is that inflation is baked into the process. Before the creation of the Fed in the US, there was no inflation:

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If China did have a private fractional reserve system, we would have seen much higher inflation levels there, commensurate with the monetary systems of the US and EU, which are run by the Fed and the BIS in Basel.
 
^I am familiar with these men and their work, have read a summary of Tragedy and Hope.

The globalists do have a slice of the China action in the form of partnerships in public-private conglomerates like CITIC, but they do not own any part of the PBC, the central bank of China.

One of the main features and tell-tale sign of the fractional reserve private central banking system is that inflation is baked into the process. Before the creation of the Fed in the US, there was no inflation:

image-asset.png


If China did have a private fractional reserve system, we would have seen much higher inflation levels there, commensurate with the monetary systems of the US and EU, which are run by the Fed and the BIS in Basel.
I *think* that I understand the basics of the US/Western banking system and how money is created, but there's a lot I can't know without really studying it closely and being more involved in it.

As you say, the US Federal Reserve fractional reserve banking model creates inflation and I believe that the liquidity it offers has been its selling point since the Western European rulers began allowing the Jews in the Middle Ages to create money from thin air via usury, since it was illegal for Christians to do so Shakespeare's "The Merchant of Venice" is a great entry to this topic. Legend has it, this is the great secret the Templar Knights discovered when they were initiated into mystery religions during the crusades; cue scary music.

Apparently, neither of us knows how money is created in China. I would bet my favorite bicycle that they use a state-controlled form of fractional reserve that is much stricter than the US version.
 
Grok says this:

In China, money creation primarily occurs through the People's Bank of China (PBOC), the country's central bank, and its interactions with commercial banks, though the process shares similarities with fractional reserve banking used in the USA. Here's a concise overview:
  1. Central Bank Policies: The PBOC controls money creation through monetary policy tools, such as setting reserve requirement ratios (RRR), open market operations, and interest rates. The RRR dictates the percentage of deposits commercial banks must hold as reserves, influencing how much they can lend.
  2. Fractional Reserve Banking: Like the U.S., China's commercial banks operate under a fractional reserve system. Banks lend out a portion of their deposits while keeping reserves at the PBOC. For example, if the RRR is 10%, a bank can lend 90% of its deposits, creating new money as loans become deposits in other banks, multiplying the money supply.
  3. PBOC Lending and Open Market Operations: The PBOC injects money into the economy by lending directly to commercial banks through facilities like the Medium-term Lending Facility (MLF) or by purchasing financial assets (e.g., government bonds) in open market operations. This increases bank reserves, enabling more lending and money creation.
  4. State-Directed Lending: Unlike the U.S., China's money creation is heavily influenced by government policy. The PBOC often directs banks to lend to specific sectors (e.g., infrastructure or state-owned enterprises) to meet economic goals, effectively guiding money supply growth.
  5. Foreign Exchange and Capital Controls: The PBOC also creates money by managing China's foreign exchange reserves. When it buys foreign currency (e.g., U.S. dollars) to stabilize the yuan, it injects yuan into the economy, increasing the money supply.
Key differences from the U.S. include China's centralized control over banking, with the PBOC and government playing a more direct role in guiding credit allocation, and stricter capital controls affecting money flows. The PBOC's RRR is typically higher than in the U.S., reflecting tighter regulation of lending capacity.

For real-time or detailed data on China's money supply (e.g., M2 growth), I can search the web or X posts if needed. Would you like me to do that?
 
It's funny that I had never before really directly asked how China did their thang, but they do use FRB.

Sorry, but this disproves your inference about claimed inflation in China.

Quick side note: The wonderful masterpiece animated film from Japan, "Spirited Away," is actually an extended metaphor of the FRB monetary system. It's the only feature film I know of that tackles this topic and it does so in obvious and subtle ways.

EDIT: The point I think is not how China runs its banks and money creation, but what are the results. If they use FRB to some extent, but keep inflation low, that's great, but I don't know if that's true. I don't have enough information to accept the low inflation claim.
 
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It's funny that I had never before really directly asked how China did their thang, but they do use FRB.

Sorry, but this disproves your inference about claimed inflation in China.

Quick side note: The wonderful masterpiece animated film from Japan, "Spirited Away," is actually an extended metaphor of the FRB monetary system. It's the only feature film I know of that tackles this topic and it does so in obvious and subtle ways.

EDIT: The point I think is not how China runs its banks and money creation, but what are the results. If they use FRB to some extent, but keep inflation low, that's great, but I don't know if that's true. I don't have enough information to accept the low inflation claim.

Could you elaborate on "Spirited Away" in the movie thread? I love that movie but never thought of that when I watched it (many years ago).
 
It's funny that I had never before really directly asked how China did their thang, but they do use FRB.

Sorry, but this disproves your inference about claimed inflation in China.

Quick side note: The wonderful masterpiece animated film from Japan, "Spirited Away," is actually an extended metaphor of the FRB monetary system. It's the only feature film I know of that tackles this topic and it does so in obvious and subtle ways.

EDIT: The point I think is not how China runs its banks and money creation, but what are the results. If they use FRB to some extent, but keep inflation low, that's great, but I don't know if that's true. I don't have enough information to accept the low inflation claim.

So did the Wizard of Oz, the more famous movie allegory of the monetary system, the yellow brick road standing in for the sound path of the gold standard.

One of the major factor you did not account for in your analysis and quick Grok search above is that the Fed is privately owned by the bankster cartel, it prints money out of thin air and lends it to the government and firms at interest, and its cartel collects a 6% dividend. The PBC on the other hand is owned by the Chinese government, prints the country's money supply. It is basically the same structure as we had in the US before the Fed was put in place, with the US Treasury - an arm of the government - printing dollars.

One other tell-tale key indicator besides the low inflation in China is the low cost of capital for their corporate sector (and even lower for their state-owned companies).

And Grok has its limitations here, if you ask it who owns the Fed, this is the response, blue pilled word salad, pretty misleading to say the least, if you've read Mullins or Griffin's Creature from Jeckyll Island:

who owns the Fed?

"The Federal Reserve System, often called "the Fed," isn't owned by any single entity in the traditional sense. It's a unique hybrid structure designed to balance public and private interests. Here's the breakdown:
  • Structure: The Fed consists of the Board of Governors (a federal agency), 12 regional Federal Reserve Banks, and the Federal Open Market Committee (FOMC). The Board is part of the U.S. government, while the regional banks have a quasi-private status.
  • Board of Governors: Appointed by the U.S. President and confirmed by the Senate, this group oversees the Fed's operations. They’re public officials, so this part is fully government-controlled.
  • Regional Federal Reserve Banks: These are technically "owned" by member banks—private commercial banks that operate within each region. Member banks hold stock in their respective Federal Reserve Bank, but this stock doesn’t function like typical corporate stock. It can’t be traded, sold, or used to exert control. Instead, it’s more like a membership requirement, and banks receive a fixed 6% dividend on their shares.
  • Control and Oversight: While member banks have some nominal ownership of the regional banks, they don’t control the Fed’s policies or operations. The Board of Governors and the FOMC, both public entities, set monetary policy. The regional banks execute those policies but don’t dictate them.
  • Independence: The Fed operates independently of direct government control to avoid political interference, but it’s accountable to Congress and must report regularly. Its profits, after expenses and dividends, go to the U.S. Treasury.
So, nobody "owns" the Fed in the way you’d own a company. It’s a system designed to serve the public while incorporating private banks as stakeholders without giving them real control. If you want to dig deeper into any specific aspect, let me know!"
 
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Yes, the Wizard of Oz was that, but I don't think it was very meaningful. I even read the book and that was pretty thin as well. IMO, the movie is just entertainment and Judy Garland is extremely overrated. Wizard behind the curtain? Wow, what a revelation. Who woulda thunk it? There's a guy behind the guy. Call David Icke and Alez Jones, stat! lol

Zardoz (1974) is a lot more interesting.

Basically what I was saying is that the Western system has been pretty much fully revealed, but I don't think the Chinese one has, although I don't really know. I actually read about 500 pages of Griffin's 700+ page Creature from Jekyll Island and got very little out of it before I tapped out. I would like to read Mullins, but honestly, at this point, I'd rather read the early desert fathers or just the Gospels. I'm burned out on the worldy control systems. The bad guys "won", lol.

Certainly, there is no Chinese equivalent to when former US Fed Chairman Ben Bernanke went on 60 Minutes in 2009 and said basically that he / the Fed can dump gazillions of dollars into the too-big-to-fail banks any time he feels like it, without any permission or significant limiting oversight, in any amount he pleases, just by adding zeroes to their balance sheets, and it's just 0% "loans" in the trillions of USD. Wotta joke!

 
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