Comments on: Can China create money out of thin air and lend it to another country to make money? http://travel-2-china.com/can-china-create-money-out-of-thin-air-and-lend-it-to-another-country-to-make-money Chinese Travel, Holidays, History and Culture Thu, 17 May 2012 21:30:38 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Rush is a band http://travel-2-china.com/can-china-create-money-out-of-thin-air-and-lend-it-to-another-country-to-make-money/comment-page-1#comment-11 Rush is a band Thu, 14 Feb 2008 11:05:19 +0000 http://travel-2-china.com/can-china-create-money-out-of-thin-air-and-lend-it-to-another-country-to-make-money#comment-11 Banks don't create money of out thin air. They have deposits from people with savings and checking accounts. They loan out this money... China could loan dollars out too. They have a bunch of them from US people buying more chinese goods than chinese buy american goods. good luck! No one can just 'conjure up money'. That isn't the way the systems work. Banks don’t create money of out thin air. They have deposits from people with savings and checking accounts. They loan out this money…

China could loan dollars out too. They have a bunch of them from US people buying more chinese goods than chinese buy american goods.

good luck!

No one can just ‘conjure up money’. That isn’t the way the systems work.

]]> By: Kat. http://travel-2-china.com/can-china-create-money-out-of-thin-air-and-lend-it-to-another-country-to-make-money/comment-page-1#comment-10 Kat. Thu, 14 Feb 2008 06:48:48 +0000 http://travel-2-china.com/can-china-create-money-out-of-thin-air-and-lend-it-to-another-country-to-make-money#comment-10 I believe they'd have to have an equal amount of gold to back up the created money, or it isn't money, just paper. I believe they’d have to have an equal amount of gold to back up the created money, or it isn’t money, just paper.

]]> By: Aleks http://travel-2-china.com/can-china-create-money-out-of-thin-air-and-lend-it-to-another-country-to-make-money/comment-page-1#comment-9 Aleks Wed, 13 Feb 2008 04:37:39 +0000 http://travel-2-china.com/can-china-create-money-out-of-thin-air-and-lend-it-to-another-country-to-make-money#comment-9 As far as I remember they conjure a lot of hard good and get paid with American airy money.. and then they lend it back to America. As far as I remember they conjure a lot of hard good and get paid with American airy money.. and then they lend it back to America.

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