🚀 go-pugleaf

Sharing your sorrow, but hoping that this great loss will not
deter one Aggie from completing his mission in life with colors
flying.  Do not let death deter you from making this a better
world.  You have a war to win.  You have Muster to honor your
dead for as long as your faithfulness makes that possible.

d.e., '81
****************

In 1933 communists in the new deal inserted "the Thomas amendment"
into the 1933 Farm Relief Bill.  The State Deparment (then secretly
aiding Zhou (Mao was Zhou's "front man" as far as they were concerned)
claimed that the benefits would benefit Chaing Kai-sheck's nationalist
government.  Unfortunately then, as now, there were too few real 
economists in COngress to see through this lie.

The program was afatal disaster for China's Nationalist government.

Up until then CHina had been the only major country still on the
silver standard in 1934.  (Chaing Kai-sheck was educated in 
 "Chicago-school" monetarism, incidentally.)  Remaining on the
silver standard had protected CHina from the great U.S. dollar
deflation that followed the monetary contraction set in motion
 by the stock market crash of 1929.  (When dollars bought the
Chinese moeny they were actaully buying a commodity, silver!)

In the words of Milton Friedman:

"U.S. silver policy imposed a major deflation on Nationalist
China (then all of China) in 1934-36, accompanied by troubled
economic conditions, thereby undermining popular support for
Chaing Kai-sheck.  More important the policy denuded China 
of its monetary reserves and drove it off silver and onto
a fiat paper standard. "

The policy created a paper inflation (apart from individual
price increases  due to relative scarcities)--which under
the influence of U.S. New-Deal "advisors" not opposed to
arm-twisting, finally pumped the fiat money supply into
the full-blown hyperinflation of 1948-49.

Chang Kia-ngau: 

"many historical forces contributed to the collapse 
of the Nationalist  government after World War 2,
...the direct and immediate cause whifch overshadowed
all other factors was undoubtedly the inflation."

So in addition to Gen. George C. Marshall betraying Chaing
in a thousand ways--including misdirecting Chiang's
forces, always away from regions where Mao was about 
to attack (even airlifting them across the country 
in some cases) using disinformation in a very 
"contemporary way."-- it was the U.S. money elite 
who administered the lethal blow to China's freedom 
and civilization.

One will note how the world's globalist elites
used hyperinflation to loot Germany after World
War One in 1919.  (Did you ever ask why the
German government did not simply stop their
printing presses to end their inflation?
The answer is simple, with secret coercion,
the victorious allies (London, Wall Street)
would not allow them to.  And so with China.

I hope this truth can penetrate into the
mainland before the coming aggression snuffs
out those who know how things really happened.

Dick Eastman
Yakima
U.S.A.
Every man is responsible for EVERY other man.