WHY IS CHINA DUMPING TREASURIES FOR GOLD
>>61854357for treasuries to match gold they have to pay now at least 10%
>>61854357Schizo fear mongering youtube take>the dollar is dying! The yuan is here!in realty>no one wants to trade in yuan because they all know china keeps it artifically low so you're going to get useless paper so they are instead using gold in their trade instead of dollars and will keep their currency weaker than the dollar for exports
>>61854357Idk, idc.
>>61854357why is 2015 twice on the x-axis of this chart?
>>61854433ai sucks
>>61854357Because America is blocking chinese imports because China was raping american business, blame the US and their "free capitalism"
>>61854357They think treasuries aren't going to do well compared to gold
>>61854357
>>61855175sentenced to death for 13.5 tones of gold
based chinksdeath to the u.s dollarbring in a gold/silver standard to the yuan
>>61854357Because ching chong ping pong
>>61854357Their position in US treasuries is part of keeping the dollar strong vs their currency, so they can export more goods here. If people here are soon to be unemployed, due to AI doing total white-collar death, there will fewer people to buy their goods. Japan, China, and other exporters have less incentive to buy US debt if the US consumer base dries up.
Trump bullied China during his first term, and as a result we had Covid. Trump bullied China again in his second term, and as a result we have the death of the usd.Play stupid games, win stupid prizes.
>>61854357>goldreal and straight>fiatfake and gay
