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Dollar is just one piece in the puzzle. It's all fiat!!!

When the Chinese, Brazilians or whatever country buys U.S. debt, what do they pay with?
How many Renminbi ( http://en.wikipedia.org/wiki/Chinese_currency ) are issued and put into circulation in China and how many Reais are issued and put into circulation in Brazil.
In other words how is the Chinese government able to buy debt if they need money to invest and spend in their own country? Don't they need to either print or issue Treasury notes of their own money in order to purchase dollars? If so how many Yuan are floating around in the Chinese market? It just doesn't seem like the situation in China and other countries is as stable as they would lead us to believe, since they too do not have real money, but fiat money.
grant



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Noone out there knows?

Someone out there must have studied this a little more thoroughly. Is the Chinese Central bank subject to audits? We all know that Central banks around the world are in cahoots. Just want to find some answers.
grant

i'd like some answers as

i'd like some answers as well.

The slogan press on has solved and always will solve the problems of the human race. No person was ever honored for what he received. Honor has been the reward for what he gave.

- Calvin Coolidge