Comments by "Fanny Albi" (@fannyalbi9040) on "Russia and China Reveal Plan to Replace US Dollar Hegemony" video.
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@opie32958 r u living in the past? china buy and sell when they think fit. And for the past 6 months, china is selling usd, again, as they think fit about the time.
u know if someone holds so much of your assets, that someone can do whatever at will right? u devalue it or up value, either way, that person win.
Now, america up value it to fight domestic inflation and it benefited china, china can use it to buy gold or things that china wanna buy (say buy back their own currency to stopping it from getting too low, which favour exporters but not importers), this way they don’t have to print money crazy like united snakes.
Interesting long game china play. 😂
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