2 ms·
> I thought currency and reserve assets were essentially the same because there is no basis (e.g. gold) for the currency. Reserve assets always have a separate
by legitster 4y ago
> I thought currency and reserve assets were essentially the same because there is no basis (e.g. gold) for the currency.
Reserve assets always have a separate source of value. Usually this means other currencies. And often it can even be gold reserves!
- brutusborn 4y agoWhat is the source of value for the reserve assets in current QE? And how would you find that out?