[Malsua]

>>That whole argument about financial instruments and keeping interest rates low is fake. Its a lie not founded in reality.
Its quoted so people who want to do what they do can try to defend themselves. Thats all.
<<

Uhm, no, it's not wrong. It certainly drives down interest rates.

Foreign investment in US bonds drives down interest rates.

It may be the defense of free traitors who seem to think running an 11 billion a month trade deficit with one country is a good thing, but I don't agree.

However, there is no doubt it drives down interest rates.

[maui_hawaii]

Maybe I should clarify myself...I am referring directly to the Chinese ownership of treasury notes...

They own barely 2% of any debt the US has...

The make up and nature of that debt leads me to believe that they aren't doing diddly in that ballpark.