21 ms·
IMF has this, intra-countries, with their SDR ("Special Drawing Rights"). China was added in the 2010s, and USD has slowly been losing its percentage of the SDR
by ProllyInfamous 9mo ago
IMF has this, intra-countries, with their SDR ("Special Drawing Rights"). China was added in the 2010s, and USD has slowly been losing its percentage of the SDR's overall-makeup.
[•] <https://wikipedia.org/wiki/Special_drawing_rights https://wikipedia.org/wiki/Special_drawing_rights>
SDR's are a type of Keynes' "Bancor" concept, but only transactable between countries. Citizens may resort to the commoner's bancor, e.g. bitcoin (but also gold, silver &c).
[•] https://en.wikipedia.org/wiki/Bancor https://en.wikipedia.org/wiki/Bancor