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A comment on Huawei Reveals the Real Trade War with China. Parent comment
That doesn’t give them leverage to print money inflation-free.
What allows the US to do it is the USD’s status as the leading global reserve and trade currency. That status is based on habit and influence.
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That doesn’t give them leverage to print money inflation-free.
What allows the US to do it is the USD’s status as the leading global reserve and trade currency. That status is based on habit and influence.