Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Southack

Just wondering why they hold so much in US notes/bonds etc.
Unless dumping the lot would hurt us?


284 posted on 11/27/2004 10:35:00 PM PST by investigateworld (( Willie Green for President!!! ...Now on my 5th day of not bashing Wal-mart))
[ Post Reply | Private Reply | To 283 | View Replies ]


To: investigateworld
"Just wondering why they hold so much in US notes/bonds etc. Unless dumping the lot would hurt us?"

They hold all of those notes in order to prop up our currency. That enables the U.S. to purchase more of their exports.

If the Dollar declines, then we can't buy as much of their stuff.

So it is in their own interests, and against ours, to prop up the Dollar.

285 posted on 11/27/2004 10:39:52 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
[ Post Reply | Private Reply | To 284 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson