The U.S. seems to increasingly view its financial infrastructure as a stock of power that can be spent during an attempted transition back toward productive capacity. China would probably prefer a contest heavily concentrated in industry and supply chain endurance because that's where it is strongest. The more intriguing strategy for the U.S. is not to fight China factory for factory, but to use its financial mastery to leverage the reconfiguring of its industry while it still has the ability to. The balancing act is swinging the stick hard enough to see results without overly incentivizing your allies to reduce their dependence on you.(𝐓𝐗𝐌𝐂)