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The US could announce that all Treasury securities held by China will not be redeemed and are now worthless.
by panarky 2y ago
The US could announce that all Treasury securities held by China will not be redeemed and are now worthless.
- anikom15 2y agoAnd tank its own economy in the process?
- panarky 2y agoIt's seldom possible to impose severe consequences on your adversary without suffering some pain yourself. It's as true for economic warfare as it is for kinetic conflict.
- nolok 2y agoThe US could destroy the one thing that make its economy unbreakable and ensure its ability to print infinite money at will without consequences? That's essentially the worst plan they could implement.