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A comment on Canada considering charging for road access from USA to Alaska. Parent comment

Re:Canada considering charging for road access from USA to A... by rayiner on Friday March 21, 2025 @07:05AM (#43434203)
Okay, but then doesn’t that undermine your point about the importance of the US being the world’s reserve currency? What does that matter if most of our debt is to ourselves anyway?

Japan runs huge structural deficits and most is held by its own citizens.

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Re:Canada considering charging for road access from USA to A... by ben_w on Saturday March 22, 2025 @07:18AM (#43445003)
Reserve currencies are important for international trade, not just international loans.

Being a reserve currency increases currency stability.

Being stable makes the cost of all loans, including domestic loans, cheaper.

Being stable also increases the use of a currency for reserve purposes.

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