The U.S. dollar index fell 0.59%, China dumped 159.1 billion U.S. bonds, why the Fed harvested its own people

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The United States has "killed madly" and started to attack its own people?

According to media reports, on December 29, the US dollar index , which measures the US dollar against six major currencies, fell 0.59% and closed at 103.8610 at the end of the foreign exchange market.

what does this mean?

Since the Federal Reserve December interest rate meeting slowed down interest rate hike , the US dollar index has remained in the range of 103.0 to 105.0, which means that the US dollar may face a downward trend in the future.

The U.S. dollar index fell 0.59%, China dumped 159.1 billion U.S. bonds, why the Fed harvested its own people - Lujuba


The U.S. dollar "pulls the hips", and the life of US debt is not easy. According to

data, as of October, my country has continued to sell 159.1 billion U.S. debt this year. In addition, at least 26 of the world's top 30 "creditors" of U.S. debt have reduced their holdings of U.S. debt this year.

What is the Fed doing when U.S. debt loses support from overseas buyers?

Scale down the balance sheet from June, until the end of November, the Federal Reserve continued to sell 255 billion U.S. bonds.

The U.S. dollar index fell 0.59%, China dumped 159.1 billion U.S. bonds, why the Fed harvested its own people - Lujuba


In other words, the Federal Reserve uses the interest rate hike cycle to continue to harvest its own people. Isn’t

the Federal Reserve the central bank of the United States ? How come the "critical moment" harvests his own people instead?

This is because the Federal Reserve is a joint institution composed of many banks in the United States. In the eyes of some senior bankers, profit-seeking may be their only goal.

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