top | item 26156141

(no title)

llcoolv | 5 years ago

This is a quite dubious claim:

1. The currency board countries are very small players, mostly beaten to blue and also not all currency boards are tied to USD.

2. The bulk (I guess 90%+) of global lending is still in USD - a currency which the Fed can debase at will - as has been happening since 2008 and happened at a grande scale in 2020.

This brings only frustration and bitterness - the last two things you want in international relations, especially in the post-nuclear age soft-power days.

discuss

order

No comments yet.