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Badly quoting Hemingway does not insight make. In any case, EscapeFromNY understated the dollar's historical position. The dollar's share of global foreign res
by TMWNN 3y ago
Badly quoting Hemingway does not insight make.
In any case, EscapeFromNY understated the dollar's historical position. The dollar's share of global foreign reserves in 2022 is almost exactly the same as in 1980 and in 1995, and 10 percentage points higher than in 1990. <https://en.wikipedia.org/wiki/Reserve_currency#Global_currency_reserves https://en.wikipedia.org/wiki/Reserve_currency#Global_curren...> As dgfitz said, "Or stop, or turn around".