China to ‘Liquidate’ US Treasuries
China is becoming more open about its intentions to buy our capital assets instead of hold our debt. It is recognizing that our QE programs are defaults on our debt, consider this quote: "The Chinese are clearly vexed with Washington, viewing the Fed’s QE as a stealth default on US debt." If they begin to buy capital assets in earnest, and DC and the Fed continue to liquidate the currency, we are indeed setting up the perfect scenario for hyper-inflation. If the world’s reservoirs empty of dollars, sending them back to us, and our government continues to print because that is its sole source of adequate funding, if those things continue to accelerate, the dollar will have its perfect storm.
China to ‘liquidate’ US Treasuries, not dollars Telegraph Blogs: blogs.telegraph.co.uk/finance/ambroseevans-pritcha…llars