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To look at the government styles of other major reserve currencies (USD, CNY, JPY), state/provincial/regional governors have little to no impact on monetary or
by bobthepanda 4y ago
To look at the government styles of other major reserve currencies (USD, CNY, JPY), state/provincial/regional governors have little to no impact on monetary or financial policy. Florida doesn't have the ability to veto the FDIC saving a New York bank for political points, the same way Germany was very will-they-won't-they over several major bailouts.