2 ms·
Whether the reserve currency is strong or weak makes no difference -- having one's currency be the world's reserve currency necessarily leads to large trade def
by cryptonector 4y ago
Whether the reserve currency is strong or weak makes no difference -- having one's currency be the world's reserve currency necessarily leads to large trade deficits (e.g., otherwise there is no way to supply that currency to the rest of the world), and therefore deindustrialization.