Ok but look at what they have to do to maintain the peg. It requires active management by teams of experts and government employees and massive amounts of capit

Ok but look at what they have to do to maintain the peg. It requires active management by teams of experts and government employees and massive amounts of capital reserves, just because the country contains a business that sells products to America. This is a symptom of the coincidence of wants problem, except between economies under national currencies rather than individuals, a problem you would not have if either globalization were not a fact or national currencies did not exist.