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Yuan $ dollar
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junk fun
Posted 3/18/2023 12:44 (#10146304 - in reply to #10146242)
Subject: RE: Yuan $ dollar

Red Paint - 3/18/2023 11:57
Absolutely 0% chance China institutes a gold backed currency.

BUT, BUT, Why not? Russia did ****

And Brazil and Argentina will be next.

I don't see what the problem is with China reducing their bond holdings. The rates are going up enough to make them attractive to Americans, I'd rather not be sending that 5% to China if it could stay here.
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