squirrelmaster on Nostr: No, being the dominant reserve currency doesn’t come with the unique ability to run ...
No, being the dominant reserve currency doesn’t come with the unique ability to run a trade deficit. It does create network effects, but those are not fully - or even meaningfully - captured by U.S. interests. Dollar dominance is not the big deal we think it is
Published at
2023-05-02 21:39:48Event JSON
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