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Silver lining to all those remittances: if the whole world is using our currency to buy goods and services (and also holding dollars as a reserve currency) we c
by ajhurliman 3y ago
Silver lining to all those remittances: if the whole world is using our currency to buy goods and services (and also holding dollars as a reserve currency) we can print a lot more money before we’re affected by inflation, or at least that’s how I understood it.
- nerdchum 3y agoThat's got nothing to do with remittances. That's got to do with central governments... And many central governments are moving away from using the US as central currency recently because we're being destabilized. Partly by massive amounts of immigration on the order of 2 million per year, as much as the population of some entire states!