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The missing piece is that transactions lead to reserves.
by nine_zeros 1y ago
The missing piece is that transactions lead to reserves.
- refurb 1y agoNo they don't. A business selling products or services and receiving a foreign currency, doesn't lead to higher foreign reserves for the country. Care to try again?
- nine_zeros 1y agoI don't want to try again for someone who doesn't want to research for themselves how foreign countries accumulate reserves. Hint, you literally explained it.