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I understand that products and services sold by US companies boost USD (vis-a-vis buying iPhones in your example), but why would, say, a Brit buying a Xiaomi ph
by bdcs 12y ago
I understand that products and services sold by US companies boost USD (vis-a-vis buying iPhones in your example), but why would, say, a Brit buying a Xiaomi phone using USD boost the USD? The USD holding time would be rather short, I would imagine.