Something interesting to note about pegs is that they can be quite exploitable. Some banks/countries have tried to defend their peg but in the end it can ruinou

Something interesting to note about pegs is that they can be quite exploitable. Some banks/countries have tried to defend their peg but in the end it can ruinous (or wildly profitable) depending on what side you are on. Some history: https://historyofyesterday.com/the-day-george-soros-broke-the-bank-of-england-to-make-1-1b-4834df0605d1 https://historyofyesterday.com/the-day-george-soros-broke-th...