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55656936 No.55656936 [Reply] [Original]

>> No.55656951

>zerochud

>> No.55656984

>>55656951
>>zerochud

https://www.reuters.com/markets/currencies/china-state-banks-seen-selling-us-dollars-prop-up-yuan-sources-2023-07-25/

>> No.55656985

holy shit bros a yuan just flew over my house

>> No.55657000

>>55656936
OMG, THE STATE IS MINDING HIS OWN BUSINESS? NO WAY, TWO WEEKS THE US OF A IS GOING TO COLLAPSE!

>> No.55657013

>>55656936
Is this not a good thing?
Dollar down = higher asset prices right?

>> No.55657014
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55657014

these schizo niggas call for the end of the world every week lmao

>> No.55657041

>>55657013
I suppose if you consider living in Weimar 2.0 a good thing. $80 bread EoY

>> No.55657073

>>55656936
> - sources
After 10 years I’m getting tired of this shit.

>> No.55657092

>>55656984
>selling-us-dollars-prop-up-yuan
>prop-up-yuan

>> No.55657095

>>55656936
They are protecting their currency from devaluing which is one of the most important aims of the central bank.

But everyone missed the more important news some days ago that they are actively prohibiting russian banks from selling yuan. So in essence Russia cannot sell any reserves to protect their currency and ruble is going to get a very big hit soon. Russia is so fucked it is unbelievable.

>> No.55657103
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55657103

>>55656984
>reuters

>> No.55657109

>>55657073
But saying "voices in my head" would be a bit less credible.

>> No.55657161

>>55657073
source protection

>> No.55657846

>>55657041
ok leverage longing wheat futures rn