alt Hacker NewsThis still happens today but with instruments other than gold, right? Like foreign owned shares. Today's equivalent would be China owning all the treasury bonds.
This still happens today but with instruments other than gold, right? Like foreign owned shares. Today's equivalent would be China owning all the treasury bonds.
China owns about 7% of us treasury securities and they stopped buying them I think around 2015L: https://ticdata.treasury.gov/resource-center/data-chart-cent...