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by andsoitis
145 days ago
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> decrease our trade deficit (not saying I agree with this goal), either the dollar A direct link exists between a nation's status as the world's primary reserve currency and its tendency to run persistent trade deficits. This relationship is often described by the Triffin Dilemma, a paradox where the global demand for the reserve currency necessitates that the issuing country consistently supplies the world with its currency, primarily through importing more than it exports. |
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