24
Wall Street Is Quietly Funding Itself in Renminbi — and Goldman Is Leading the Way
(europeanbusinessmagazine.com)
Diversification is always a good investment strategy
this post was submitted on 27 Apr 2026
24 points (100.0% liked)
Global News
6578 readers
119 users here now
What is global news?
Something that happened or was uncovered recently anywhere in the world. It doesn't have to have global implications. Just has to be informative in some way.
Post guidelines
Title format
Post title should mirror the news source title.
URL format
Post URL should be the original link to the article (even if paywalled) and archived copies left in the body. It allows avoiding duplicate posts when cross-posting.
[Opinion] prefix
Opinion (op-ed) articles must use [Opinion] prefix before the title.
Country prefix
Country prefix can be added to the title with a separator (|, :, etc.) where title is not clear enough from which country the news is coming from.
Rules
This community is moderated in accordance with the principles outlined in Article 19 of the Universal Declaration of Human Rights, which emphasizes the right to freedom of opinion and expression. In addition to this foundational principle, we have some additional rules to ensure a respectful and constructive environment for all users.
1. English only
Title and associated content has to be in English.
2. No social media posts
Avoid all social media posts. Try searching for a source that has a written article or transcription on the subject.
3. Respectful communication
All communication has to be respectful of differing opinions, viewpoints, and experiences.
4. Inclusivity
Everyone is welcome here regardless of age, body size, visible or invisible disability, ethnicity, sex characteristics, gender identity and expression, education, socio-economic status, nationality, personal appearance, race, caste, color, religion, or sexual identity and orientation. Any kind of discrimination is will not be tolerated.
5. Ad hominem attacks
Any kind of personal attacks are expressly forbidden. If you can't argue your position without attacking a person's character, you already lost the argument.
6. Off-topic tangents
Stay on topic. Keep it relevant.
7. Instance rules may apply
If something is not covered by community rules, but are against lemmy.zip instance rules, they will be enforced.
Companion communities
- !legalnews@lemmy.zip - International and local legal news.
- !technology@lemmy.zip - Technology, social media platforms, informational technologies and tech policy.
- !interestingshare@lemmy.zip - Fascinating articles, captivating images, satisfying videos, interesting projects, stunning research and more.
- !europe@lemmy.dbzer0.com - News and information about Europe.
- !usa@midwest.social - News and information about United States of America.
Icon generated via LLM model | Banner attribution
If someone is interested in moderating this community, message @brikox@lemmy.zip.
founded 2 years ago
MODERATORS
Who’s got takes on why?
I guess that with an orange lunatic in charge of the country, the USD has lost a lot of it's value.
You can clearly see that when Mr. Trump took office in 2025, the USD started falling rapidly.
And despite a few smaller recovery spikes since, the overall graph is pointing down.
Trumps economic team is signaling they want the Fed and the Treasury to work together to fund US debt.
The last time the US had this much debt was just after WW2. The US intentionally devalued the dollar to make that debt serviceable by the government. For the next 20 years we had high inflation and high wage growth to match. They did this by having the Fed buy Treasuries with dollars and increasing the money supply. This is the type of coordinated buy backs that the Republicans wants the Fed to partake in. (Personally I don’t think Trump is smart enough to dream this up, this is some Heritage Foundation bullshit to continue to fund low taxes for the rich.)
We are in the same spot today, and to service the debt cause by tax cuts and forever wars in the Middle East they want to inflate their way out of it.
Holding dollars or US bonds is financial suicide and the elites know it. Stocks, bullion, hard assets AND foreign currency are the only safe havens in an inflationary environment.
The difference is in the 40’s, 50’s and 60’s the US had high wage growth to offset the inflation so the lower classes weren’t really affected by it. That environment doesn’t exist today and wage earners will feel this inflationary spiral like we did after Covid and now with the Iranian war/energy crisis.
they are hedging