4 ms·
The USA is in the unique position of issuing the world's reserve currency, so we can't really do as you propose.
by redblacktree 8y ago
The USA is in the unique position of issuing the world's reserve currency, so we can't really do as you propose.
- em3rgent0rdr 8y agoAnd how long will US remain the world's reserve currency?
- ajross 8y agoLonger than the term of a 30 year bond, almost certainly. Source: heard all this stuff before, almost verbatim, 35 years ago.