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A comment on Evergrande teeters on edge of default as $148M payment falls due. Parent comment

Re:Evergrande teeters on edge of default as $148M payment fa... by quickthrower2 on Wednesday November 10, 2021 @04:29PM (#29181124)
I take the post as the US dollar becoming more scarce but not running out.

If OP is right I don’t see the federal reserve acting to bail out China.

They might happen to do QE for another reason but not to help out other countries with their problems.

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Re:Evergrande teeters on edge of default as $148M payment fa... by pishpash on Wednesday November 10, 2021 @05:46PM (#29181999)
As the bank of the world's reserve currency the Fed is always implicitly running a world bank. The transmission mechanism is for foreign currency to depreciate against USD which causes US domestic financial conditions to tighten, and the Fed would then have to loosen.
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