Buying foreign government bonds as foreign exchange reserves: Foreign exchange reserves, also known as foreign exchange reserves, refer to the foreign exchange part of international reserve assets held by a government, that is, the creditor's rights held by a government in foreign currency. It is an asset held by the national monetary authority and can be converted into foreign currency at any time. In a narrow sense, foreign exchange reserve is an important part of a country's economic strength, and it is a foreign exchange accumulation used by a country to balance international payments, stabilize exchange rates and repay foreign debts. Broadly speaking, foreign exchange reserves refer to assets denominated in foreign exchange, including cash, foreign bank deposits and foreign securities. Foreign exchange reserve is an important part of a country's international liquidity, which has an important influence on balancing international payments and stabilizing exchange rate. 2. Money can't directly improve people's livelihood, but it must be transformed into matter, and matter doesn't appear out of thin air. Our foreign trade is in surplus, and more and more foreign trade income cannot be digested, so we have to turn it into foreign exchange reserves. High-tech in the United States can't be bought with money blocked by China. ) Foreigners refuse to sell more other materials. 3. Distribute the money directly to everyone? However, the material products of this society have not increased accordingly. What will happen? Rising prices, inflation. As an economic weapon, some people say that the United States does not pay back the money, and even goes to war with China. China may be defeated, but the credibility of the United States will collapse. There are so many developed countries in the world, and the rich BRIC countries are heavily in debt. If the United States defaults, the EU countries will be miserable. If China is unlucky, other countries will be afraid that the United States will default. No matter how powerful the United States is, it cannot be an enemy of the world. What is more tragic is that people who are used to the United States will rebel democratically. If the United States defaults, the world will be unlucky, but this day will come sooner or later, but every time the United States will raise the debt ceiling.