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chetoman1 t1_j69ug3t wrote

Yeah it may be a double edged sword but the sharp end that’s aimed at China is rather dull. The number of countries that increased their yuan holdings while limiting or even reducing their USD is baffling. All while China has lower inflation (regardless of the peg) and reopening prospects. They urged the US to keep their rates low as fuck because arguably we’re cutting off our own limbs here in the states while China suffered a mere paper cut.

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