Re:Singapore Urges U.S. to Accept China's Rise, Spare Other ...
by Nasrudith on Thursday May 16, 2019 @08:12AM
(#19928180)
That is so not why treasury bonds are bought and the opposite of how they work. They are bought to be stable and value stores and some exchange rate hedging. It acknowledges supremacy sure in that they think it would be extraordinarily less likely to collapse.
They pay the money upfront for them and if the regieme change was illegitimate enough to freeze the bond it would be "free money" until a legitimate claimant comes forward. Like a neighboring city's bank refusing to turn over money from the account of Gotham after joker took over the city. That is the only securing function of it - meaning others lose it if they steal it.
They pay the money upfront for them and if the regieme change was illegitimate enough to freeze the bond it would be "free money" until a legitimate claimant comes forward. Like a neighboring city's bank refusing to turn over money from the account of Gotham after joker took over the city. That is the only securing function of it - meaning others lose it if they steal it.