Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

I need an education in this. Why does China continue to but U.S. T-bonds?

I heard that the reason why China continues to buy U.S. T-bonds is to keep the U.S. dollar stable, since it is the center point of currency exchange. Is this true? If not, what is the reason?

Or if anything, can this be explained to me? I am confused.

Thank in advance

Answer Question

Asked by Anonymous at 3:11 PM on Apr. 13, 2010 in Politics & Current Events

Answers (4)
  • To help do there part in the progressives (Obama, Nancy etc..) attempts to collapse our economy.

    Answer by Carpy at 3:27 PM on Apr. 13, 2010

  • for the grammer police, I meant their, not there.

    Answer by Carpy at 3:28 PM on Apr. 13, 2010

  • China needs the US to be stable but they are not buying to help that. In fact right now China is messing with their dollar and that is devaluin gour dollar. Obama has asked them to go the other direction so to raise the value of our dollar but China says NO. LOL
    Really, it's a good thing for them because they get paid intrest and soon it will be a lot of interest. It's all a business move. No favors here.

    Answer by itsmesteph11 at 5:13 PM on Apr. 13, 2010

  • Good explanation of what China is doing with currency here:

    The Planet Money team did an explainer that doesn't require a degree in economics.

    Answer by gdiamante at 6:15 PM on Apr. 13, 2010

Join CafeMom now to contribute your answer and become part of our community. It's free and takes just a minute.