Re:This Can’t Go On
by imtringued on Wednesday August 04, 2021 @12:02PM
(#28062608)
Well, it's not the foreigners ripping the US off. It's the US willingly providing the reserve currency without having a high enough percentage of the world GDP to deal with the negative effects.
Having a country offer their own currency as the global reserve currency was stupid to begin with. It's no surprise that it will have to end one day.
Having a country offer their own currency as the global reserve currency was stupid to begin with. It's no surprise that it will have to end one day.