主题：【讨论】请教一下河里大牛，美国意欲何为 -- 逍遥云

the portfolio loses liquidity and will be subject to inflation risk. LT treasury notes are much less liquid than short-term treasury notes.

ST notes give Chinese gov. flexibility to decide to renew or not renew those loans.

China is helping America now, rather than punishing America as some people speculate here. China is actually financing America's subversion activities around its borders.

Period.