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This still happens today but with instruments other than gold, right? Like foreign owned shares. Today's equivalent would be China owning all the treasury bonds
by chadgpt3 3mo ago
This still happens today but with instruments other than gold, right? Like foreign owned shares. Today's equivalent would be China owning all the treasury bonds.
- dh2022 3mo agoChina owns about 7% of us treasury securities and they stopped buying them I think around 2015L: https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html https://ticdata.treasury.gov/resource-center/data-chart-cent...