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A comment on The Global Dollar Short Squeeze. Parent comment
That's not how any of this works. It is far more common to price things you buy from the US in USD. Which is also why monetary policy works.
Half of exports from the eurozone is in EUR. About a quarter is in USD.
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That's not how any of this works. It is far more common to price things you buy from the US in USD. Which is also why monetary policy works.
Half of exports from the eurozone is in EUR. About a quarter is in USD.