top | item 40913442

(no title)

TapWaterBandit | 1 year ago

And this has been a major problem for them since then. Look up the "Triffin Dilemma". If a nation's currency is the reserve currency it pretty much must run a trade deficit and one of the major impacts will be loss of manufacturing prowess. Happened to Great Britain when the Pound was the reserve currency too.

discuss

order

No comments yet.