Poverty , Inequality and crime.

Also, to really kick this over your illiterate head. When we shop at Walmart to buy Chinese goods we pay with dollars that the Chinese then get. Once they have them the only thing they can do with them is buy American goods so trade in automatically balanced anyway.

You should read about free trade for a few days before you dare comment on that one.

... or keep them as a reserve ... or buy comodities to other country which needs dollars to trade ..though not necesarily with the US.

dear they are only willing to obtain them or keep them at all based on what they will ultimately buy in the USA. If they did not want to trade it all back to us they would have no need to trade with us in the first place. Get it?
 
Also, to really kick this over your illiterate head. When we shop at Walmart to buy Chinese goods we pay with dollars that the Chinese then get. Once they have them the only thing they can do with them is buy American goods so trade in automatically balanced anyway.

You should read about free trade for a few days before you dare comment on that one.

... or keep them as a reserve ... or buy comodities to other country which needs dollars to trade ..though not necesarily with the US.

dear they are only willing to obtain them or keep them at all based on what they will ultimately buy in the USA. If they did not want to trade it all back to us they would have no need to trade with us in the first place. Get it?
Thay money can return in the form of a loan, or stay for many years as a reserve that keeps growing.

3,945,932,000 USD , not bad... like 25% of the US gdp.

List of countries by foreign-exchange reserves - Wikipedia the free encyclopedia
 

Forum List

Back
Top