2 ms·
Would you mind expanding a little on this for me? I'm curious but don't know much about this topic. If having reserve currency status gives a country a tool of
by mostlysimilar 5y ago
Would you mind expanding a little on this for me? I'm curious but don't know much about this topic.
If having reserve currency status gives a country a tool of "exporting inflation" and countries are tired of the US doing it, it seems unlikely those countries would willingly put that tool in the hands of Russia or China, whom they presumably trust much less. (Assuming we're talking about western Europe.)
Devil you know or devil you don't?