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originally posted by: pl3bscheese
a reply to: akiros
Nah, print out the cover, in effect dollar get's devalued maybe 5%.
Boohoo
M1 represents all of the currency in the M0 money supply, plus all of the money held in checking accounts and other checkable accounts, as well as all of the money in travelers' checks. In June 2013, the M1 money supply for U.S. dollars equaled about $2.5 trillion [source: Federal Reserve].
M2 is the M1 supply, plus all of the money held in money market funds, savings accounts and CDs under $100,000. In June 2013, the M2 money supply was about $10.5 trillion [source: Federal Reserve].
M3 is M2 plus larger CDs. As of March 2006, the Fed stopped tracking the M3 money stock as an economic indicator because it felt it did not add any information on economic activity that was not already available from M2 [sources: Federal Reserve, Federal Reserve Bank of New York].
All told, anyone looking for all of the U.S. dollars in the world in July 2013 could expect to find approximately $10.5 trillion in existence, using the M2 money supply definition. If you just want to count actual notes and coins, there are about U.S. $1.2 trillion floating around the globe.
originally posted by: pl3bscheese
a reply to: MrSpad
Right, they can simply choose to stop purchasing new bonds, and allow the current ones to run their time to cash out.
Imagine a time, perhaps a decade or two in the future, where such a scenario would be in China's benefit. While they are the world's largest exporter, not so, but after and if they flip to service industry, and Cheap goods come from elsewhere (india, africa, south america) they could choose better aliances here, and beome less interested with US.
So now, no; later, perhaps.
originally posted by: khnum
a reply to: xuenchen
...and as Wall Street showed us the other day if the markets dont like the trades they will shut it down call it a glitch and wipe the sell orders so the Chinese can only sell in dribs and drabs as a big order would not be processed,