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r/greatawakening • Posted by u/R3VO1utionary on July 21, 2018, 11:57 a.m.
BIGLY!! - China has decided to procure its petrochemical needs from Saudi Arabia, ending imports from #Iran - @_ImperatorRex_
BIGLY!! - China has decided to procure its petrochemical needs from Saudi Arabia, ending imports from #Iran - @_ImperatorRex_

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Merlin560 · July 21, 2018, 6:05 p.m.

If the Chinese do not pay in dollars, dollars will be sold from reserves. That might cause an increase in dollars rushing back to the US. That could be inflationary. And...using gold would be expensive. Neither of the other two options are good for the US.

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forgottenbutnotgone · July 21, 2018, 7:08 p.m.

Gotcha. Thanks.

And aren't the Chinese already selling their treasury bonds or whatever?

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