The US intervention to prop up the yen is not just about Japan, but about a crisis in the dollar system. Washington doesn’t want countries selling Treasury securities, as global dedollarization grows.
I care more about the people they are trafficking and the children they are raping then the dollar but maybe a crashing dollar will make the white rich men finally join the fight against crazy, criminal pedophiles.
Excellent writing about a complex problem faced by Trumps USDollar Super Sparta that threatens the globe with sanctions and theft/extraction if they do not go along
with Mafia Don.
Meanwhile, China is clearing a path for an alternative 'gold backed' BRIC system similar to the 1944 Bretton Woods system.
China signals Japan to dump U.S. Treasuries and start buying gold to 'hedge' against inflation and free itself from the grip of the Anglo-American Rothschild cabal.
Countries that need oil and critical resources can trade with China in yuan as they have already begun to do among the BRICs and Global South to promote economic development.
"Reserve diversification is apt to gather steam." ==> True. If you look at your Table5 - the chart of Foreign Central Banks holding US Treasuries, India which used to have USD 227 Billion a year back now has USD 187 Billion. Instead, as you correctly point out elsewhere, it's stocking up on gold, Yuan and UAE Dinars.
I care more about the people they are trafficking and the children they are raping then the dollar but maybe a crashing dollar will make the white rich men finally join the fight against crazy, criminal pedophiles.
“the white rich men,” are the “crazy, criminal pedophiles," no way will they, “finally join the fight,” to call for any form of justice.
As you noted, this started when the US put sanctions on Russia. That was the previous administration.
This is all frankly over my head. I wish I understood finance better. But thank you for your ongoing work to try to explain all this stuff!
Great analysis, thank you! Many of other nations T-bills are held at FRB of NY, making them vulnerable. See also: https://kathleenmccroskey.substack.com/p/postponing-financial-collapse
Excellent writing about a complex problem faced by Trumps USDollar Super Sparta that threatens the globe with sanctions and theft/extraction if they do not go along
with Mafia Don.
Meanwhile, China is clearing a path for an alternative 'gold backed' BRIC system similar to the 1944 Bretton Woods system.
China signals Japan to dump U.S. Treasuries and start buying gold to 'hedge' against inflation and free itself from the grip of the Anglo-American Rothschild cabal.
Countries that need oil and critical resources can trade with China in yuan as they have already begun to do among the BRICs and Global South to promote economic development.
"Reserve diversification is apt to gather steam." ==> True. If you look at your Table5 - the chart of Foreign Central Banks holding US Treasuries, India which used to have USD 227 Billion a year back now has USD 187 Billion. Instead, as you correctly point out elsewhere, it's stocking up on gold, Yuan and UAE Dinars.