[bubbleRefuge]

I think for as long as the rest of the world wants to export its goods and services to America in exchange for dollars. Maybe a better question is who in the world wants to be the importer of last resort ? Who wants to run trade deficits ? Trade deficits are a real benefit to the importer and real cost the exporter, but it seems the rest of the world doesn't get this. They want to manufacture using sweatshops, polluted air, local natural resources, so that we can have our Iphones and Teslas and they can have electronic digital dollars in the bank. We should keep doing this till they stop.

[jkhdigital]

https://en.wikipedia.org/wiki/Triffin_dilemma

[bubbleRefuge]

In a floating fx currency regime that we practice, China, et al, have to hold/buy dollars in order keep their exports cheap and foreign fx exchange rates stable.