Re:How to Win a Currency War
by ysw0 on Friday April 10, 2020 @06:30PM
(#22837985)
They're in a good position as a net creditor nation. While they have a large national debt and have been undergoing QE, they have a steady income stream from treasury bills.
[ Parent
| on HN ]
The income stream is unlikely to be steady; the real value of the fixed stream of dollars is (probably) going to drop.
It isn't really conceivable at this point that the US reduces their debt:GDP load without a currency crisis. Their period of service as the reserve currency is probably also drawing to a close; based on the poor fundamentals that the article mentions.