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China No Longer Top Holder of US Treasuries
- iwwr 16y agoThe difference being that the Fed can monetize it all, while the Chinese can't. Unless, of course, they decide to surreptitiously print money as well (the kind of printing tech that the US Treasury uses is easily available to the Chinese).
- junkbit 16y agoTyler Durden! EDIT: Oh nvm I see from the gravatar that the analyst cited is using a pseudonym.