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
Asked by Anonymous at 3:11 PM on Apr. 13, 2010 in Politics & Current Events
Answer by Carpy at 3:27 PM on Apr. 13, 2010
Answer by Carpy at 3:28 PM on Apr. 13, 2010
Answer by itsmesteph11 at 5:13 PM on Apr. 13, 2010
Answer by gdiamante at 6:15 PM on Apr. 13, 2010