China's 'Coupon' Economy: The Real Cost of Cheap Goods

Added: 2026-05-18

[00:00:00]Essentially, you know, when people say slave labor, I would say this is the more accurate explanation of what the Chinese slave labor is. It's basically because they are all paid in the Chinese yuan, which is actually worthless uh overseas.

[00:00:13]So, they are basically paid in coupons.

[00:00:15]And And that's how China become uh seems to be super rich.

[00:00:21]Because [snorts] the real money is all the money that they export, the manufacturing all these all these products that Chinese cheap Chinese products that is exported overseas. Why is it so cheap? Why is it so subsidized?

[00:00:31]Because to the Chinese, they are only paying coupons. It doesn't matter. But the real money will flow into China, and that's that's where the strong foreign exchange is. All the money from all around the world gathers in China. They will use it to buy gold, buy the natural resources they need they need, buy out all the European companies, buy out all the American companies that they can, something like this. And of course, to bribe uh the all the different countries along the Belt and Road, you know, to to work with the Chinese, as well as Yeah, to to basically put them under Chinese influence. That is the whole game.