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by llcoolv
1948 days ago
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This is a quite dubious claim: 1. The currency board countries are very small players, mostly beaten to blue and also not all currency boards are tied to USD. 2. The bulk (I guess 90%+) of global lending is still in USD - a currency which the Fed can debase at will - as has been happening since 2008 and happened at a grande scale in 2020. This brings only frustration and bitterness - the last two things you want in international relations, especially in the post-nuclear age soft-power days. |
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