2 ms·
Whenever the economist writes a thesis, bet the other way
by nextworddev 1y ago
Whenever the economist writes a thesis, bet the other way
- dh2022 1y agoI stopped reading the Economist a few years ago for this exact reason. It looks like it is still the case. Any article mentioning reserve currency without mentioning Triffin dilemma is not serious. Any article mentioning how US dollar will lose its reserve status without mentioning how the Euro (a large liquid currency with no capital controls and 3 decades of existence ) did not takeover is even less serious. Any reporter claiming RMB is the next world currency never tried to wire a dividend payment out of China.