3 ms·
> Would this potentially lower USD demand as a reserve currency in other countries? We don't know, in the 80s, the devaluation of the USD did not weaken its po
by suraci 2y ago
> Would this potentially lower USD demand as a reserve currency in other countries?
We don't know, in the 80s, the devaluation of the USD did not weaken its position as the reserve currency, will it be same this time without USSR collapsing and Gulf War?
More importantly, will the PBOC cooperate with the US like the central banks of Japan and Germany did?
I don't know the answer, but I think it won't take too long to see the answer.