In May 2020, experts analyzed that the United States released 13 trillion dollars in 23 days.
The United States printed 13 trillion currency, which was only the beginning of the most radical expansion. Since the US market has not really rebounded, the Fed also plans to print another French GDP (about 2.8 trillion US dollars) in the next six weeks, which will make its balance sheet reach a record 10 trillion US dollars by the end of the year. Even the Federal Reserve announced that this would be the first time in history.
The market generally believes that the Fed can't find a looser monetary policy than this except negative interest rate, which means that the US economy is abusing the status of the US dollar, which may push the prices of a series of US dollar assets such as the US housing market to the point of no return.
The first application scenario of China digital RMB also landed in Suzhou. Iran merged with Iran and officially announced that it would change its currency to fix the RMB exchange rate. Iran also plans to launch an encrypted digital currency. The ability of digital product RMB crude oil futures contract to price Asian oil market began to appear.
Extended data
In its latest global economic risk report, Deutsche Bank predicted whether a large number of investors would pay for American debt after COVID-19, which may be one of the main risks in the market. The latest second auction of American debt has shown a slow trend of subscription.
In fact, according to the latest report of the U.S. Treasury Department on May 16, 2020 (there will be a two-month delay in the data of U.S. debt holdings), as of March, global central banks have reduced their holdings of U.S. debt for 22 consecutive months in the past 23 months, selling a total of 749.3 billion U.S. dollars, with the duration and record of reduction reaching the highest level since the financial crisis.
Among them, more than half of the major holders of US debt sold $299.3 billion that month, a record high. During this period, China reduced its holdings by about US$ 654.38+025.6 billion.
Phoenix Net-US releases water in 23 days 13 trillion, China comes up with a countermeasure: start digital currency to replace cash.
Phoenix. Com- The United States printed 88 trillion US dollars in 25 days, and 749.3 billion US dollars of debt was sold off, and the next Pearl Harbor incident came out.