...peg to the dollar. If it wants its currency to rise relative to the dollar, then it sells or doesn't buy US treasuries
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America never borrows in a foreign currency. China parks the $ it earns at our central bank to maintain its managed peg...
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Except it matters not a nickel how much China loans us. Printing presses print whenever you need some.
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they just approved his trademark after years of denying it.
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