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@LukeGromen Luke doesn’t understand, or chooses not to. The Chinese could be restricted (or subject to approval screening) before purchasing land in the US without endangering reserve status. Vast majority of demand for eurodollars has nothing to do with domestic land transactions.
@adamtaggart There is a reason why central banks around the world are stacked with academic economists. Why would a gun with actual market experience take a job where they are banned from trading? Banning them from trading just panders to the lowest common denominator