SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (4158)6/28/2022 12:41:19 AM
From: Sun Tzu  Read Replies (1) | Respond to of 10768
 
The USD reserve time keeps ticking - tick tock -

And then one day you find ten years have got behind you
No one told you when to run, you missed the starting gun


And you run, and you run to catch up with the sun but it's sinking
Racing around to come up behind you again
The sun is the same in a relative way but you're older
Shorter of breath and one day closer to death

China's "RMB" liquidity pool is btw PBOC and 5 other CBs managed by the BIS. The fine print:

"Each participating central bank contributes a minimum of RMB 15 billion or US dollar equivalent, in RMB or USD, placed with the BIS, creating a reserve pool."


Meanwhile, back at the ranch...