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Federal Reserve's foreign exchange reserves
First, foreign exchange reserves are not all dollars, but also the currencies of other countries. According to the statistics of the first quarter, the US dollar does occupy the bulk of the global foreign exchange reserves, accounting for 59.02%, and the euro also accounts for a lot, reaching 2 1.24%, the Japanese yen accounts for 6.03%, the British pound accounts for 4.69%, and the RMB ranks second, accounting for 2.25%. Of course, it also includes some other currencies, such as Canadian dollars and Hong Kong dollars. From this perspective, the United States can also have foreign exchange reserves, such as holding euros, pounds, yen and RMB.

Second, the foreign exchange reserves of all countries in the world are denominated in US dollars, but it does not mean that there are only US dollars. For example, by the end of August, 20021,China's foreign exchange reserves totaled US$ 2,269.3 billion. The $3.23 trillion foreign exchange reserves are not all dollars. China must hold other countries' currencies, but all of them will be converted into US dollars at the end of the month. The foreign exchange bureau has not announced the proportion of currencies in China's foreign exchange reserves. However, according to our trade situation, the US dollar will definitely account for the bulk, and the euro will also have a certain proportion. This model is not much different from the distribution of global foreign exchange reserves.

Third, whether the United States has foreign exchange reserves is really not that important.

The significance of holding foreign exchange reserves lies in being able to trade in the global market. Countries need to find a currency recognized by both sides, and this currency can also be recognized by other countries. The dollar itself has such a status as the official currency of the United States.

When dealing with some countries, the United States may not use dollars. For example, when dealing with EU countries, the other party may require the use of euros for settlement, and it is normal for the US government to prepare some euros. In addition, the United States also has trade with Russia, a "non-pro-American" country. The most traded products are petroleum products, and the trade settlement between the two sides is likely to be completed in euros. Therefore, the euro must be the main currency in the US foreign exchange reserves.

Of course, the United States really doesn't need much foreign exchange reserves. Anyway, most of the trade is settled in dollars. It is precisely because of this that the United States is the largest consumer country in the world. In addition to the high GDP per capita and large population in the United States, the Federal Reserve can directly issue US dollars to the US Treasury, and then flow into the market through various channels to open a global purchasing model.

Gold is not a foreign exchange reserve, and the United States does not need foreign exchange reserves. The dollar is the most important currency for trade settlement, and no country rejects it. If the dollar is not enough, open the printing machine.

America's foreign exchange reserves are weapons. He used weapons to let other countries store his dollars. At present, containers filled with China goods in American ports are their foreign exchange reserves.

Besides gold, America's foreign exchange reserves also include B2 stealth bombers.

The United States has no foreign exchange reserves and does not need foreign exchange reserves.

The dollar is an international currency. It can be used to buy goods and services from all over the world, and it can also be used to pay off debts.

America's reserves are printing presses.

American debt

Gold, there is no more gold in the world.

The United States wants to reserve aircraft carriers and nuclear bombs.

The United States has no foreign exchange reserves. They just prepare more printing presses.