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In this hypothetical the dollar has inflation higher than its 2% target, but there are still other major currencies whose central banks haven't gone bankrupt.
by OscarCunningham 4y ago
In this hypothetical the dollar has inflation higher than its 2% target, but there are still other major currencies whose central banks haven't gone bankrupt.
- AnimalMuppet 4y agoCentral banks don't go bankrupt. And, even in that hypothetical, it would still depend on what interest rate you can get in dollars vs. what interest rate you can get in, say, Swiss Francs.