Rising US Treasury yields put Asia back on edge
MMJ
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Rising US Treasury yields put Asia back on edge - Asia Times
MMJ Comment
When you read an article like this you have two choices.
Continue to be absolutely and hopelessly dumb and stupid, and pretend this is savvy and intelligent talk.
Or you can take the bull by the horn and say this is absolute and first class rubbish, I am not going to be fooled anymore.
For what is it we are reading?
First it is clearly the ultimate nirwana for the leader of the ribafied world.
Even in the worst possible situation owing the world USD40 trillion, they are still safe because of the mechanics of the system.
They have to raise US Treasury interest in order to retain confidence in USD, but in doing so the victimised countries see Dollars in their country rushing to US to destroy their own countries' currencies and ability to buy things internationally.
See the playbook?
Wallop them by printing USD wantonly to buy their produce at will.
Issue USD Treasury bonds for the world to continue to accept USD as payment for the produce.
And when US has borrowed to the tune of a clearly unpayable USD40 trillion debt, raise interest rates of US Treasury bonds very high, so Dollars leave the victim countries and in one stroke weakened their currencies so they face a weakened Balance of Payments problem .
Beautiful ain't it?
Heads I win, tails you lose.
However we will continue to be in this bully system because apart from being the lowest rank in the monetary system, we have also accepted to be the sycophantic, unthinking follower in the education system.
We lapped up their ribafied economics and monetary knowledge as if they are Hadith Sahih from Sahih al-Bukhary.
Our Quran and Sunnah demands we build up an equity based economic and monetary system but we surrendered on first day of school by saying you know everything, we are stupid, we will learn from you.
Whereas there is nothing the Creator demands which is impossible to do.
We are truly able to, with the grace of Allah, to implement a successful equity based system with zero unemployment, justified income for the umat, minimised and well taken care of poor, little or zero inflation, realistic housing prices for the umat, and an equitable monetary system for the world.
However the current education system brainwashes us to say its not possible, only the ribafied system works.
What would have happened to us if our beloved Prophet peace be upon him, did not practise Samiqna wa Athoqna, we hear and we obey, when instructed by the Creator.
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Dikemaskini [Updated]: Sam Ahmad 20260919