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If your currency is a reserve currency, this measure is unnecessary--you can just print more of it.
by logfromblammo 7y ago
If your currency is a reserve currency, this measure is unnecessary--you can just print more of it.
- Fjolsvith 7y agoThat has the unfortunate disadvantage of devaluing the currency your own citizens hold.
- logfromblammo 7y agoOnly the rich ones. The citizens who have their debts devalued, and whose assets are mostly in residential real estate, would see it as a fortunate advantage.