Conversation

Notices

1. Sir Nedwood - Sydney 🇦🇺 (ned@noagendasocial.com)'s status on Saturday, 05-Aug-2023 14:03:24 JST Sir Nedwood - Sydney 🇦🇺

   in reply to

   • Theodore John Kaczynski

   @unabomber has it gone down in real terms, or has domestic holdings just been ramped up in comparison?

   • Theodore John Kaczynski (unabomber@social.here.blue)'s status on Saturday, 05-Aug-2023 14:03:25 JST Theodore John Kaczynski

     Foreign holders of US debt has declined https://sgp.fas.org/crs/misc/RS22331.pdf

     This means by extension use of actual USD transfers in international commerce also have declined. USD debt is only needed for foreign holders as collateral used to hold excess foreign reserves from trade that banks cannot guarantee safely

     Machismo repeated this.