Relax with the insults, keyboard warrior. I didnt translate anything.
I did however make a typo with the original remark so let me clarify this: the US absolutely tried to kibosh China by NOT increasing their interest rates. Reasons?
The Chinese govt fought this like they thought Soros when he was buying up Hong Kong in 1998/1999. By pumping money and keeping all major companies/infrastructure in place rather than needing to sell foreign investment.
China has a huge stockpile of USD which is the most universal currency. So if the interest rate gets kiboshed, theyll just use USD directly. They also invested into a lot of foreign assets using USD to minimize impact since they know the US will use the same playbook if China is viewed as a threat. Since this dragged on for too long with an impending election at the time, the Dems had to do something get votes.
Federal interest rates-wise US is only country with major impact globally. Hence why the Dems were willing to screw over their constituent base in an attempt to kibosh China if it meant targeting a global competitor who isnt quite ready yet to go toe to toe with the US yet as taking care of the dogs is absolutely no problem.
jumping from one pile of steaming bullshit to a different pile of steaming bullshit does nothing to improve your credibility
US interest rate policy is strictly used to influence domestic price stability
it is controlled by the Federal reserve which is non political
no rational economist in the western world would ever state us interest rate policy was used to 'screw' over another country
besides
" US increased their interest rates in an attempt to screw over China this year, even at the expense of their own ppl."
doesn't appear grammatically correct by adding a "not" as if this was the typo you now claim
"
not US increased their interest rates in an attempt to screw over China this year, even at the expense of their own ppl."
or
" US
not increased their interest rates in an attempt to screw over China this year, even at the expense of their own ppl."
or
" US increased their interest rates
not in an attempt to screw over China this year, even at the expense of their own ppl."
or
" US increased their interest rates in
not an attempt to screw over China this year, even at the expense of their own ppl."
or
" US increased their interest rates in an attempt to screw over China
not this year, even at the expense of their own ppl."
it just does
not fit or make sense
the only place this statement makes any sense is if it is Chinese propaganda misinformation
so we are back to
there are only two possible reasons why you would state
" US increased their interest rates in an attempt to screw over China this year, even at the expense of their own ppl."
1. you have zero economic training and have not read any business news for 2 years and are stupid beyond belief
2. you cut and pasted translated Chinese propaganda and did not proof read your post
i do not believe you to be stupid beyond belief, but you tell us
which is it ?
