A Quote by Maxine Waters
Take a look at the way that Trump has described some of the foreign countries that we deal with - some that are allies and some that are not. China is one example. He said they were currency manipulators, but after he sat down with President Xi and had a piece of chocolate cake, he then said they were no longer currency manipulators.
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I made a chocolate cake with white chocolate. Then I took it to a potluck. I stood in line for some cake. They said, "Do you want white cake or chocolate cake?" I said, "yes."
When you take a look at how the IRS treats foreign currency, bitcoin doesn't have the same taxation regime. Foreign currency gains and losses generally are taxed as ordinary income.
Many countries are looking at the virtual currency and the digital currency. Now, the issue is a virtual currency by the government, digital currency by the government that is one area to look but on the other hand, there are private cryptocurrencies as well.
It's easier to keep your stuff then it is to expose it, because some people don't get it. At the cross, at the feet of Jesus, there were some people who said, "Good! I'm glad that you're dead." Then there were some that were crying and saying, "Why are you doing this to this innocent man?" It is not easy to do.
Now some people might call President Xi of China the king of China. But he's called president. But we have a very good relationship and that's a positive thing. And it would be good to have that relationship with Russia and other countries, too.
When Google went into China, there were some people who said they shouldn't compromise at all - that it is very bad for human rights to do so. But there were other people, particularly Chinese people, who said they were glad Google had gone in.
When I look back at 19, coming here to Chicago, some of the things that were said, some of the stuff that you deal with - at 19 years old, it's a lot of pressure.
China got the local currency, the yuan which is appreciating against the dollar which means that all these Chinese people have more purchasing power. And they're willing now to spend some money after saving, you know they provided America with savings for years. Now they're going to spend some money. So this means that they are willing to allow the dollar to weaken because it means that their currency, the yuan goes up, so they're actually in a winning situation.
China had never had to deal in a world of countries of approximately equal strength, and so to adjust to such a world, is in itself a profound challenge to China, which now has fourteen countries on its borders, some of which are small, but can project their nationality into China, some of which are large, and historically significant, so that any attempt by Chinese to dominate the world, would involve in a disastrous for the peace of the world.
The improbability of a malicious story serves but to help forward the currency of it, because it increases the scandal. So that, in such instances, the world is like the pious St. Austin, who said he believed some things because they were absurd and impossible.
She asked me what was wrong, and I told her I had to end it. She was surprised, and asked my why I thought so. I told her it wasn't a thought, more a feeling, like I couldn't breathe and knew I had to get some air. It was a survival instinct, I told her. She said it was time for dinner. Then she sat me down and told me not to worry. She said moments like this were like waking up in the middle of the night: You're scared, your'e disoriented, and you're completely convinced you're right. But then you stay awake a little longer and you realize things aren't as fearful as they seem.
I hold all idea of regulating the currency to be an absurdity; the very terms of regulating the currency and managing the currency I look upon to be an absurdity; the currency should regulate itself; it must be regulated by the trade and commerce of the world; I would neither allow the Bank of England nor any private banks to have what is called the management of the currency.
Meghan pushed her chocolate cheesecake across the table to me. I hadn’t gotten paid yet for November, so I had only ordered coffee. “Here,” she said. “Don’t you want it?” “Sure I want it. I ordered it. But I’m giving it to you.” “Why?” Meghan stood up and got me a fork. “Remember what Nora said about love? In your movie?” “Love is when you have a really amazing piece of cake, and it’s the very last piece, but you let him have it,” I said. “So it’s really amazing cake,” said Meghan. “And I want you to have it.
What there is no dispute about is whether or not China is a currency manipulator. They are a currency manipulator. They actively intervene every single day to keep the value of their currency less than it would be against the dollar than if it floated freely. We think. Even China barely disputes that.
Let's take a look at NAFTA. Trump said that NAFTA was a bad deal and he was going to get rid of it in the first 100 days. Now, that's also off the table. He's made a lot of promises that he can't keep. He has distorted information. I do not think he should not be president of the United States. And I think our allies and people in other countries are looking at America and saying, "This can't be. How did this happen?"
All issues - purchasing and selling of currency - are related to the regulation of the national currency market. However, it is still difficult to say what will be the reaction of the Central Bank and if it would lead to increasing the gold and foreign currency reserves.
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