Re:Consumer Prices in U.S. Increase by Most Since 2009
by throw0101a on Wednesday May 12, 2021 @04:12PM
(#27134569)
This story has been going on for years, and it's always been a Nothing Burger:
> Matthew Yglesias notes[1] an uptick in Very Serious People warning that China might lose confidence in America and start dumping our bonds. He focuses on China’s motives, which is useful. But the crucial point, which he touches on only briefly at the end, is that whatever China’s motives, the Chinese wouldn’t hurt us if they dumped our bonds — in fact, it would probably be good for America.
> Matthew Yglesias notes[1] an uptick in Very Serious People warning that China might lose confidence in America and start dumping our bonds. He focuses on China’s motives, which is useful. But the crucial point, which he touches on only briefly at the end, is that whatever China’s motives, the Chinese wouldn’t hurt us if they dumped our bonds — in fact, it would probably be good for America.
* https://krugman.blogs.nytimes.com/2013/10/18/the-china-debt-...
* https://archive.is/4Q95O