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>the U.S. are not perceptibly better or worse off as a result of such choices. How is that true? We can print more dollars. We don't have the same kind of cont
by aaronblohowiak 7y ago
>the U.S. are not perceptibly better or worse off as a result of such choices.
How is that true? We can print more dollars. We don't have the same kind of control over other currencies.
- 0815test 7y ago"You can print more dollars" only as long as market participants trust that you're not going to print too many dollars - as soon as you try to do anything of the sort, your status as "safety deposit box of the world" goes away. That's not much of a privilege!