model
China’s higher exchange rate around 2008 signaled that the world could sell to China, leading China to buy commodities and build infrastructure through bank loans.
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Bank Loans
A transcript-matched topic anchored by excerpts such as "Does that make sense to you guys? All right. So let's look at what happened. So for the longest time the Chinese currency was..."
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A transcript-matched topic anchored by excerpts such as "Does that make sense to you guys? All right. So let's look at what happened. So for the longest time the Chinese currency was..."
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"Does that make sense to you guys? All right. So let's look at what happened. So for the longest time the Chinese currency was..."
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"...right? And how did it finance the building of this infrastructure? Bank loans guys. Bank loans. All right. So this is China sorry this..."
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"...the fractional reserve system where if you you know if the bank loans you a billion dollars it's actually considered an asset not a..."
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"...are not allowed to charge interest. You're not allowed to make bank loans to peasants and charge interest. But that's the most profitable business..."
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Relevant Lectures And Readings
Reading
A source-grounded reading of Jiang’s lecture on Jewish history, Sabbatai Zevi, and Jacob Frank: Jerusalem begins as an imperial hinge, exile becomes a crisis of faith, and Frankism turns sin, story, money, secrecy, and...
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