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How is that relevant? Countries don’t hold reserves in e-wallets. You don’t get a business loan in an e-wallet. What you pay with as a consumer has nothing to
by audunw 1y ago
How is that relevant? Countries don’t hold reserves in e-wallets. You don’t get a business loan in an e-wallet.
What you pay with as a consumer has nothing to do with the dollars reserve currency status.
One of the most important aspects of the dollars role is the “Eurodollar”, and how debt can be issued by international banks. There is no alternative to the dollar in that regard.
- 01100011 1y agoThis is why it's best to avoid discussing economics on hackernews :D