Wie Washington plant, den Dollar zu verteidigen
https://www.ft.com/content/bfafb8f7-bd1c-48bb-85f4-8ba25475c0a3
Wie Washington plant, den Dollar zu verteidigen
https://www.ft.com/content/bfafb8f7-bd1c-48bb-85f4-8ba25475c0a3
4 Kommentare
SS: Trump plans to reinforce Washington’s global dollar-hegemony through enticing outside parties to continue trading using and maintain the status as the global reserve currency using a ‚carrot-stick‘ method of enticement, and backing the creation of dollar-backed ’stablecoins‘ forwarded to the global financial market.
As a European, we should definitely stop using their currency as much as possible.
As an American, please stop using the dollar. We must collapse to rebuild to finally teach all the idiots.
American debt is a widely-held and extremely desirable asset in the global economy. Whatever debt China does sell is simply purchased by other countries. For instance, in August 2015 China reduced its holdings of U.S. Treasuries by approximately $180 billion. Despite the scale, this sell off did not significantly affect the U.S. economy.
Furthermore, China needs to maintain significant reserves of U.S. debt to manage the exchange rate of the renminbi. Were China to suddenly unload its reserve holdings, its currency’s exchange rate would rise, making Chinese exports more expensive in foreign markets. As such, China’s holdings of American debt do not provide China with undue economic influence over the United States.