3 ms·
This is a folk rationale but it doesn't hold much water. If you look at countries with weak currencies, being the currency that taxes are paid in or that the pe
by zarzavat 5y ago
This is a folk rationale but it doesn't hold much water. If you look at countries with weak currencies, being the currency that taxes are paid in or that the people with the guns are telling you to use, doesn't ensure a stable currency at all. Quite the reverse in fact, the need to threaten people into using a country's currency indicates severe weakness.
- notch656a 5y agoStability and (domestic) dominance are two different things.