The United States is "going crazy" and starting to attack its own people?
According to media reports, on December 29, the U.S. dollar index , which measures the U.S. dollar against six major currencies, fell 0.59% and closed at 103.8610 in the late foreign exchange market.
What does this mean?
Since the Fed December interest rate meeting slowed down the pace of interest rate hikes , the U.S. dollar index has remained in the range of 103.0 to 105.0. This means that the U.S. dollar may face a downward trend next.
US dollars "pull the hips", US debt life is not easy.
data shows that 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?
began to shrink its balance sheet in June, and by the end of November, the Federal Reserve continued to sell off 255 billion U.S. debt.
In other words, the Fed 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 ? Why do we end up harvesting our own people at the "critical moment"?
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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