Well, I seriously doubt they have enough of the barbarous relic on hand to cover all bets, so, I presume their strategy is to pound on the dollar (like, who doesn't?)...the bigger question is what do other nations do? Until the global kabuki being run by every central bank ends it's just a game of squeezing the balloon...watch the bulge move, yeah, that's entertaining. Threaten the over-leveraged banks and then let the unwinding of the hedges suck everybody down, if they were serious about destruction they wouldn't be holding anything back...but they'll be bullets flying all across the world when that happens. The Chi-Com's are burning ants with a magnifying glass...there's a lot of ants.
