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by throwawaysea
2201 days ago
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As others have mentioned, this suggests there is large scale dilution of currency happening. When people realize that, it can be extremely destabilizing. We are somewhat protected just because everyone else trades in Dollars and there’s good demand for it, but there’s a limit to how far that goes. At some point, sentiment catches up to fundamentals. Also isn’t this a sort of nationalization by financial instrument? |
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