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Very true. The importance of dollars has if anything been highlighted in 2020 exactly because its supply can be expanded by the fed when the world demands it. A
by aseerdbnarng 6y ago
Very true. The importance of dollars has if anything been highlighted in 2020 exactly because its supply can be expanded by the fed when the world demands it. Adam Tooze has a wonderful piece on this topic https://foreignpolicy.com/2021/01/15/rise-fall-united-states-financial-empire-dollar-global-currency/ https://foreignpolicy.com/2021/01/15/rise-fall-united-states....