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How can something "always fail" if it's never been tried? Negativity much?
by fragmede 1mo ago
How can something "always fail" if it's never been tried? Negativity much?
- iamnothere 1mo agoMaybe I wasn’t clear, I mean that singular, nation-state issued (but internationally held) reserve currencies always fail, whether they are backed by “hard” currency or not. Keynes’s idea is an attempt to solve the problem, and as you mentioned it has not been tested.