They would do so at massive loss to their own economy even if they were able to at scale.
Secondarily they would need to replace that purchased debt with a currency exchange to a non dollar.
I would say good luck. American debt is still king.
kennykerberos on
According to the Fed today, the US economy and labor market are strong, and the inflation pressures are mostly gone. They said even the tariffs are factored in at this point.
Stocks at all time highs. Corporate earnings strong. People doing well.
Hermans_Head2 on
Sure, Jan.
GravySeal45 on
YES. DO IT.
The USA no longer deserves the trust and support of the rest of the world. We DESERVE to have the dollar dumped and live with the results of our poor choices. The only consolation is that Red States will 100% feel it more.
Good_kido78 on
Please Britain send James Bond to get rid of our manic dictator.
TopCamp on
Not true at all.
bridgeton_man on
This is probably the dumbest content I’ve seen all day. First because, as per the EMH, asset prices move according to market fundamentals, which in the case of currency, is mainly about macroeconomic and trade fundamentals.
Second because specifically blaming any one country’s banks on that (as if the whole point of their existence wasn’t just to profit maximize the role of financial intermediary) is also incredibly dumb.
satyr_account on
This just isn’t true. Foreign banks still hold record highs of US assets…
People hear news like some bank dumped 100 million bucks of staff tactically and think the sky is falling, it’s negligible at the scale of money involved.
In fact net foreign holdings increased by $5 billion just last week…
You guys are not serious.
I_HopeThat_WasFart on
Dollar is king. No other country has the liquidity and promise on debt as the US.
Treasury auctions happen regularly. The same countries that uneducated influencers are claiming are dumping treasuries are still at the auction.
More insane rhetoric by grifters trying to prey on the uneducated.
attachecrime on
more like 1d checkers…
Trump does massive amounts of stupid shit… everyone hated that.
That’s how simple it is.
RockieK on
I guess that the Euro is at 1.20 right now and it hasn’t been that was since 2021…. and that’s going to cause Europe’s exports to be more expensive. They’re already having economic issues and this won’t help (Germany in particular).
bubdubarubfub on
The US government set up the next US crisis and foreign banks are just seeing it coming
NetZeroSun on
Everyone is diversifying an spreading their investments a bit more evenly from the US dollar (aka less US investment).
They are not ‘setting up’ the US crisis…that’s trumps job. What foreign banks are doing is making sure the door is unlocked and open for ‘get the hell off a sinking ship’.
Chicago5hadow on
What country owns the most gold?
BerryLanky on
Don’t worry. Trump will be fine. His billionaire friends will be fine. The rest of us? Well not so much.
ttystikk on
No it isn’t foreign banks, it’s the absolute and willful incompetence of the Chump administration.
drcovfefee on
How will they use gold so solve the speed rate of exchange?
seriousbangs on
No, this is just another gold bug, probably also a scam artist of some kind.
The greatest rap channel on the Internet, patrick boyle, covered this over on YouTube recently.
TL;DW; the countries can’t really dump treasuries, if they do the value of their holdings go down, and they get bought up by other countries anyway. America takes a hit it can easily absorb but their pension plans probably can’t.
Smarter men than Trump set up the American dollar, he can’t break it that easy no matter how stupid he is.
dahappyheathen on
No! This started in 1913 with the federal reserve act, taking us off the gold standard and all the bailouts.
25 Comments
I have a heavy position in gold and this is unsettling.
No.
The US/Trump forced them.
The US position of trade & currency hegemon existed 90% on soft power, stability & trust.
That’s all gone now.
🤷♂️
Sure its foreign banks that are just losing trust in the dollar for no other reason than to rug pull. /s
I both envy and blame this sort of ignorance.
DXY (dollar against basket of currencies) is where it was in 2021.
Do folks not know how to read a chart? Trump this trump that. Orange is a troll in chief
https://fred.stlouisfed.org/series/DTWEXBGS
No. The US is doing that themselves.
Protecting their own position.
Setting up the US is merely a side effect
Gotta find a buyer to dump treasuries.
They would do so at massive loss to their own economy even if they were able to at scale.
Secondarily they would need to replace that purchased debt with a currency exchange to a non dollar.
I would say good luck. American debt is still king.
According to the Fed today, the US economy and labor market are strong, and the inflation pressures are mostly gone. They said even the tariffs are factored in at this point.
Stocks at all time highs. Corporate earnings strong. People doing well.
Sure, Jan.
YES. DO IT.
The USA no longer deserves the trust and support of the rest of the world. We DESERVE to have the dollar dumped and live with the results of our poor choices. The only consolation is that Red States will 100% feel it more.
Please Britain send James Bond to get rid of our manic dictator.
Not true at all.
This is probably the dumbest content I’ve seen all day. First because, as per the EMH, asset prices move according to market fundamentals, which in the case of currency, is mainly about macroeconomic and trade fundamentals.
Second because specifically blaming any one country’s banks on that (as if the whole point of their existence wasn’t just to profit maximize the role of financial intermediary) is also incredibly dumb.
This just isn’t true. Foreign banks still hold record highs of US assets…
People hear news like some bank dumped 100 million bucks of staff tactically and think the sky is falling, it’s negligible at the scale of money involved.
In fact net foreign holdings increased by $5 billion just last week…
You guys are not serious.
Dollar is king. No other country has the liquidity and promise on debt as the US.
Treasury auctions happen regularly. The same countries that uneducated influencers are claiming are dumping treasuries are still at the auction.
More insane rhetoric by grifters trying to prey on the uneducated.
more like 1d checkers…
Trump does massive amounts of stupid shit… everyone hated that.
That’s how simple it is.
I guess that the Euro is at 1.20 right now and it hasn’t been that was since 2021…. and that’s going to cause Europe’s exports to be more expensive. They’re already having economic issues and this won’t help (Germany in particular).
The US government set up the next US crisis and foreign banks are just seeing it coming
Everyone is diversifying an spreading their investments a bit more evenly from the US dollar (aka less US investment).
They are not ‘setting up’ the US crisis…that’s trumps job. What foreign banks are doing is making sure the door is unlocked and open for ‘get the hell off a sinking ship’.
What country owns the most gold?
Don’t worry. Trump will be fine. His billionaire friends will be fine. The rest of us? Well not so much.
No it isn’t foreign banks, it’s the absolute and willful incompetence of the Chump administration.
How will they use gold so solve the speed rate of exchange?
No, this is just another gold bug, probably also a scam artist of some kind.
The greatest rap channel on the Internet, patrick boyle, covered this over on YouTube recently.
TL;DW; the countries can’t really dump treasuries, if they do the value of their holdings go down, and they get bought up by other countries anyway. America takes a hit it can easily absorb but their pension plans probably can’t.
Smarter men than Trump set up the American dollar, he can’t break it that easy no matter how stupid he is.
No! This started in 1913 with the federal reserve act, taking us off the gold standard and all the bailouts.