miller
Rookie
- Banned
- #41
The facts are the precise dollar amounts published by the US Treasury. No one can buy US Treasuries unless they use dollars. China is loaded with dollars. They can't convert dollars into any other currency to buy US Treasuries. That's a simple fact. China quit buying US Treasuries. The question is when will they dump US Treasuries which are going to take a steep dive as the dollar is destroyed by the Fed.
I posted the precise amounts from this website.
http://www.ustreas.gov/tic/mfh.txt
I posted the precise amounts from this website.
http://www.ustreas.gov/tic/mfh.txt