[Paul Ross]

LOL!! Caught you in another mistake. If you think buying foreign currency (there is more than one currency, by the way) is the same as buying U.S. Treasuries, then you're sillier than I previously thought.

You are the one "caught" LOL!

You can't prove your point.

China's peg is to the dollar. Not anyone else. Currencies plural is a convenient ambiguity. But basically a fictional ambiguity... It is the U.S. dollar that is the big enchilada here. The currency of their "main enemy" [ as officially described in all Chinese Communist military literature ].

[Toddsterpatriot]

You can't prove your point.

My point was that you were wrong. You said they bought $195 billion in U.S. Treasuries a year. Unless you have a better source, it looks like you made it up.

Maybe if you looked at my source? This will show if their holdings increased by $195 billion, year-over-year.

MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES

Nope, you're wrong again. LOL!!