Sentences with phrase «accumulate dollar reserves»

Not exact matches

Why can't they increase their consumption and investment levels rather than relying on the U.S. economy to buy their consumer goods and capital goods for surplus dollars that have no better use than to accumulate in the world's central banking system as excess reserves?

Some analysts think that China and Saudi Arabia have accumulated far more gold than they're reporting and are accumulating still more gold surreptitiously — China to hedge its dollar foreign exchange surplus, Saudi Arabia to hedge both its dollar surplus and the depletion of its oil reserves — but that China and Saudi Arabia can't acknowledge this accumulation lest they spook the currency markets and devalue their dollar surpluses before those surpluses are fully hedged.

Russia, China, and other Asian countries have figured out that the dollar reserve system is the mechanism of their economic enslavement and have started to prepare their liberation by accumulating gold in a big way before gold is formally reinstated as the world reserve currency or as a big part of that new reserve currency.

China, for example, pegs the yuan to the U.S. dollar, and accumulates large volumes of dollar denominated securities as reserve assets.

In addition to the risks of health problems as we age, the dollar cost of long - term - care insurance rises dramatically because the insurer has less time to accumulate sufficient reserves to cover its part of the risk.

For a time, the demand for US dollars was satisfied by an increasing balance of payments shortfall, and foreign central banks accumulated more and more dollar reserves.