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> Only the US gets away with having no actual reserve Money is a credit. The US didn't get away with anything. Being a reserve currency has its advantages but
by csomar 2y ago
> Only the US gets away with having no actual reserve
Money is a credit. The US didn't get away with anything. Being a reserve currency has its advantages but the US is holding these liabilities with assets inside the country itself: https://en.wikipedia.org/wiki/List_of_countries_by_net_international_investment_position_per_capita#List_of_debtor_nations https://en.wikipedia.org/wiki/List_of_countries_by_net_inter...