Was China supporting the US Dollar?
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James E Keenan
May 23, 2025, 10:07:00 AMMay 23
to Modern Monetary Theory
On 5/23/25 09:20, Warren Mosler wrote:
> China and maybe others look to have decided to no longer support the
$US to remain competitive and drive their exports to the US.
>
[Opening a new thread because this appears to take us away from the Blue
Bonds discussion.]
A provocative argument (and one new to me) ... but of course I expect
nothing less from Warren! :-)
Was China in fact consciously supporting the U.S. dollar?
How were they doing so?
Why were they doing so?
How can we tell that they have changed their policy?
Thank you very much.
Jim Keenan
> China and maybe others look to have decided to no longer support the
$US to remain competitive and drive their exports to the US.
>
[Opening a new thread because this appears to take us away from the Blue
Bonds discussion.]
A provocative argument (and one new to me) ... but of course I expect
nothing less from Warren! :-)
Was China in fact consciously supporting the U.S. dollar?
How were they doing so?
Why were they doing so?
How can we tell that they have changed their policy?
Thank you very much.
Jim Keenan
Warren Mosler
May 23, 2025, 10:45:37 AMMay 23
to James E Keenan, Modern Monetary Theory
Partial indications. Net financial assets include other state holdings:
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Warren Mosler
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