The bond bubble is the next one to burst. Once the USA buys its own dept(bonds) Japan and China may stop they have warned USA about its money policy, as it is ,USA is taxing HOLDERS of USA dollars buy inflating the currency. When China and Japan dont buy bonds, USA will have to buy more of its own dept, this could cause the bond market to crash as people start selling bonds and converting to cash, causing inflation.. Least thats how I understand it.
A fascinating commentary ...on the unfolding of wonderful game ... ... ....
bellpawt 3 years ago
The bond bubble is the next one to burst. Once the USA buys its own dept(bonds) Japan and China may stop they have warned USA about its money policy, as it is ,USA is taxing HOLDERS of USA dollars buy inflating the currency. When China and Japan dont buy bonds, USA will have to buy more of its own dept, this could cause the bond market to crash as people start selling bonds and converting to cash, causing inflation.. Least thats how I understand it.
keithholden 3 years ago
great explanation
faramir44 3 years ago
pretty soon the US dollar will not be the world currency, then someone else will set the rates..
navtel 3 years ago
there will be a pool of currencies, not one. i bet the yen, euro and yuan will become the world reserve currencies. maybe brazil too.
KhmerD0g 3 years ago
like a global dollar
altfseven 3 years ago
Good idea. A currency not under the direct control of any single government.
linuxluver 3 years ago