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by notahacker
1960 days ago
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Yep. You'd think if the reason the US restarted their war with Iraq was using Euros as a reserve currency, they might have made a bit more fuss about those pesky Europeans creating the Euro with the explicit goal of being a global reserve currency a few years earlier... |
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https://www.brookings.edu/blog/ben-bernanke/2016/01/07/the-d...
Being a reserve currency means any financial crisis in the world tends to affect your currency and trade, not a good thing.