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RE: RE: Why China And Japan Are Unloading US Treasuries
25
@taskmaster4450le
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1 min read
No when the US Treasury sells the bonds and notes, they want USD. It is how they pay their bills.
And the reason there arent enough dollars is the US banking system is not lending enough. That is how dollars are created.
As for the Eurodollar system, that is collateral which drives that market. The problem is the US is the only high quality collateral since MBS were shown to be crap and, since the GFC, many government blew up their bond market.
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