160 Operation Sandman: 100+ nations simultaneously sell off their US Treasury holdings, thereby collapsing the US Dollar (twitter.com) posted 1 year ago by kula 1 year ago by kula +160 / -0 59 comments share 59 comments share save hide report block hide replies
Who buys them? And how does selling them make them worthless? If I have 100 cars and sell all at once. I no longer own them, but they are still out there owned by sombody and still worth a 100 cars.
Valid comment. If the only people going to the farmers market are farmers, and they’re all selling…. Who buys?
If 100 nations all dump the dollar it doesn’t work unless the Fed steps in to buy up all the slack. And they don’t seem terribly interested lately.