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chadgpt3
2d ago
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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.
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dh2022
2d ago
China owns about 7% of us treasury securities and they stopped buying them I think around 2015L:
https://ticdata.treasury.gov/resource-center/data-chart-cent...
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