Tairaa wrote:Expectation and fact operate entirely separate of one another.
Fact China knows that the USA is printing too much money and the govt is spending too much. They know we could wind up being another Weimar Republic, in where we replay debt by simply printing money instead of normal economic processes.
The way for China to stop this and protect themselves is demand payments in a separate currency such as metal etc that is why they want to change the reserve currency from Fed reserve Notes, a fiat currency, to a standard currency, something backed by a metal such as copper or gold, as in Gold standard.
Dear Reader has already put us in debt an additional $4,000,000,000,000.00 [$4 trillion] with more to come.
And that's the fact.