First the good news. China only sold only $43 billion worth of foreign exchange reserves, most of which U.S. Treasurys, in September.

This number is far lower than the $94 billion it sold in August, so it seems the country managed to stem the bleeding which reduced reserves of $4 trillion (August 2014) to $3.51 trillion in September of 2015.

Fewer sales by China are also beneficial because they reduce the pressure on interest rates here in the United States.

Maybe some of the measures to clamp down on money exchanges and overseas cash withdrawals have shown an effect.

Read more


NEWSLETTER SIGN UP

Get the latest breaking news & specials from Alex Jones and the Infowars Crew.

Related Articles


Comments