Archive for September 23rd, 2015

The Perks of Owning U.S. Debt


Wednesday September 23rd, 2015   •   Posted by Craig Eyermann at 6:49am PST   •   0 Comments

What benefit does China get for being the largest single foreign lender of money to the U.S. federal government? Well, if Time magazine’s Rana Foroohar is right, the biggest benefit may be that China gets the right to set the course for U.S. monetary policy. Foroohar writes: In important ways, China now controls U.S....
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