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Not quite whats going on. It sounds more like they just want to create some sort of international currency instrument which is a blend of %44 dollar, an the res
by carterschonwald 18y ago
Not quite whats going on. It sounds more like they just want to create some sort of international currency instrument which is a blend of %44 dollar, an the rest being a mix of euro, pound and yen. The idea being (cf normal investing) that a blend of these will be more stable than any single one.
- dantheman 18y agoNone of them will be stable if you want something stable it has to be based on some sort of real asset, so that they can't print as much money as they want.