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irie /
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2024-08-02 17:04:42

irie on Nostr: what prevents Chinese banks from creating massive amounts of US dollars in their ...

what prevents Chinese banks from creating massive amounts of US dollars in their systems, lend them to Chinese businesses, with which they then acquire materials and resources on the international market? I never heard of any way to distinguish between genuine and fake dollars that only exist as numbers in a banking system
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npub190zs3mtafw6c8hkg8js6y5x8x0vym0jc3gntlxzqd7s5wxjw5g5qvmrgzg