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Politics : The Trump Presidency

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To: Wharf Rat who wrote (64843)4/5/2018 6:20:42 PM
From: TimF  Read Replies (1) of 358868
 
"If China decides to sell our Treasuries the US dollar will collapse."

True but

1 - It means the value of their holdings collapses.
and
2 - It means their exports to the US will be less competitive.

And generally you would disrupt international trade and finance (even more than the proposed or enacted tariffs would)

Its a rather indiscriminate weapon. More like a bomb (when you are also in the blast radius) than a sniper rifle.
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