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Originally Posted by Masterblaster
They don't need to buy any dollars, they already have trillions just sitting around. Ultimately those dollars are only good here in the US, so yes it just may power the markets higher.
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Which brings up the question, China has been buying our treasuries, so what happens
to the dollar if the treasury can't find anybody to buy them??
If interest rates go up to attract buyers, then I assume the dollar goes up as well, yes?
It be interesting to know how much of US dollars are own by US citizens.
TJ
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