主题：【原创】新年政治经济展望之五：国债陷阱（一） -- 井底望天

就是持有当现金看待，好比我钱不存银行放自己兜里，损失点利息，应该也没有太大问题吧。

Most of modern day money is different from physical currency note. China's foreign reserve is just a few 000 in the computer system. There is no physical form any more.

China's USD dollar reserve is stored as electronic form of US federal reserve notes. When 1t dollar of notes is sold and converted into cash, you still have only 1,000,000,000,000 dollar in the computer system--after your bank sells treasury notes for you, money must be stored in the banking system as electronic deposit.

好比我钱不存银行放自己兜里，损失点利息，应该也没有太大问题吧。

--then a bank needs to give you physical note of $1t.

First, no money printing house has all those notes for you. The physical note in circulation FOR THE WHOLE US is only around $800b, if my memory is right.

Second, then you need to reserve a huge warehouse to keep all the 1T dollars... If the money is stored in States, then you get all the thieves of the world. Do not expect US polices to help you.

损失点利息--agree, but it will be in the range of 60B to 80B every year. China's central bank must shoulder this potential loss. No commercial bank want to take it.

Of course, if today's top leader does not care at all, then everything is possible and America can be coerced into some concession.

美联储可以把美元收起来控制供应量--those Jewish central bankers are very good at that trick. It is a piece of cake for them to manage the money supply. Bernanke has successfully managed the M1 since Sep 2008 and reflated the stock/real estate bubbles.

Keep in mind, the founding chair of Fed reserve was a German jewish banker immigrated to US in 1907. He became US citizen IN ONE YEAR and masterminded today's Fed Reserve...