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S Suwandi
Bloomberg Television
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Comments by "S Suwandi" (@ssuwandi3240) on "China Moves to Loosen Yuan-Dollar Fixing to Test 7.3 Level" video.
That is simply a clear answer. Dollar printing is up to Creditors supply and demand. No dollar exchange manipulation on the transaction level. This one is a valid bashing now CCP is feeling the heat
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@araara4746 Wrong. It's OPEC / Saudi agreement for pricing oil in USD as reserve currency. Actually that peg of USD to gold was never committed but promised by one President in order to curb the rise in inflation. Britain stopped using the gold standard in 1931, and the U.S. followed suit in 1933, finally abandoning remnants of the system in 1973. Because back then the commodity market was extremely volatile.
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@lianghao7128 ohh of course the US still owns the largest Recverable oil reserve in the world and we were the largest oil producer back in 2018 thanks to President Trump's historic Milestone. As I said the Yuan being held down for too long is a valid bashing. Esp when China GDP has grown at that scale, the hypocrisy to complete is rather thickening.
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