Replies

To: jdsteel

The Saudis hold billions upon billions of U.S. dollars and there is no upside for them in devaluing or crashing the dollar.

They certainly are not going to convert their dollars to yuans.

12 posted on 04/02/2023 3:46:30 PM PDT by Round Earther

Better than mean tweets

24 posted on 04/02/2023 4:53:25 PM PDT by dsrtsage ( Complexity is just simple lacking imagination)

To: Round Earther

The Saudis hold billions upon billions of U.S. dollars and there is no upside for them in devaluing or crashing the dollar.

They certainly are not going to convert their dollars to yuans.

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Suppose they believe the dollar will end in 2053. They would want to sell them gradually.

26 posted on 04/02/2023 5:03:58 PM PDT by TTFX

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