THE CHINESE WANT TO "USE UP" THEIR VAST DOLLAR HOARD .... WHILE THEY CAN STILL GET SOMETHING FOR IT...!
CLEARLY CHINA IS NOT INTERESTED IN HOLDING THE "ABSTRACT" US DOLLAR...SUCH AS IN US BONDS....
THEY WANT A TANGIBLE OBJECT....A COMPANY...A COMMODITY...
YES, YOU CAN "DENOMINATE IT" IN DOLLARS...OR NOT...AS YOU LIKE.
BUT THE DOLLAR PER SE IS A "WASTING ASSET" FOR THE CHINESE...
SPEND IT OR LOSE IT...
JUST LIKE THOSE WIEMAR "WORKERS" ...WHO HAD TO BE "PAID" AT LUNCH TIME ....
SO THEY COULD SPEND THEIR "EARNINGS" BEFORE EVENING...BECAUSE MORE DEVALUATION WOULD KICK IN BY THE NEXT DAY...
