The US Dollar, China, and the Potential for Weakening the Dollar to Pressure China
===============
#9f051475 ver:0.23
China's aggressive acquisition of commodities, including gold, raises concerns about the potential impact on the US dollar. China's stockpiling of gold could be a strategic move to diversify away from US assets and build a war chest safe from US sanctions. Weakening the dollar could pressure China, but it may also have negative effects on the West. Balancing the federal budget and reducing the deficit could weaken the dollar and give the US an advantage in the economic battle against China. #USdollar #China #gold #currencydevaluation #economicwarfare...
#newstr #UsDollar #China #Trade #BudgetDeficit
https://here.news/story/9f051475?ver=0.23
Central Banks Aggressively Acquire Gold as Hedge Against Volatile Market Conditions /
npub1j6…wk66q
2024-05-09 18:57:12
Author Public Key
npub1j6gz9lzag7wq0ywd0nx97mknm6u4glyv5rzfczlaf4y6hzvz0fmswwk66qPublished at
2024-05-09 18:57:12Event JSON
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"content": "The US Dollar, China, and the Potential for Weakening the Dollar to Pressure China\n===============\t\n#9f051475 ver:0.23\n\nChina's aggressive acquisition of commodities, including gold, raises concerns about the potential impact on the US dollar. China's stockpiling of gold could be a strategic move to diversify away from US assets and build a war chest safe from US sanctions. Weakening the dollar could pressure China, but it may also have negative effects on the West. Balancing the federal budget and reducing the deficit could weaken the dollar and give the US an advantage in the economic battle against China. #USdollar #China #gold #currencydevaluation #economicwarfare...\n\n#newstr #UsDollar #China #Trade #BudgetDeficit \n\n https://here.news/story/9f051475?ver=0.23",
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