Anonymous ID: 61f287 March 8, 2018, 3:08 p.m. No.592260   🗄️.is 🔗kun

>>592152

China's extreme foreign investment is part of their efforts to devalue their currency while at the same time promoting bilateral trade and the use of yuan globally. Their current account surplus is too large to repatriate without letting the yuan appreciate which obviously clobbers their competitive advantage in labor markets. Their other option is buying more treasury bonds.

Anonymous ID: 61f287 March 8, 2018, 3:22 p.m. No.592418   🗄️.is 🔗kun   >>2473 >>2487

I spent some time writing about what a good IBOR would look like and why we need it. Not sure if its useful, but here is my draft if anyone has feedback.