China Has Lost Over $100 Billion In Dollar-Adjusted Terms On Its UST Holdings In A Few Short Months

Implicit subtitle: "and not likely to be happy about it" -- ``...for China to be able to capitalize on the absolute increase in values over the time period from the dollar peak, it would mean it has to find a willing buyer for over $800 billion worth of USTs, which can only be the Federal Reserve. And for that to happen, would mean outright monetization of everything by Ben Bernanke, which would also mean an active devaluation of the dollar, and something like a total loss to all our foreign creditors.''