Global Feed Post Login
Replying to Avatar ⚡️🌱🌙

This is what reserve currency status means in reality. It means you can export inflation.

People don’t seem to understand this, and Americans especially seem to take this for granted. US exceptionalism is reserve currency status, British exceptionalism (largest ever empire) was reserve currency status.

Here you can see it in real time…

Avatar
LadyA 2y ago

Exactly why Russia and China are scrambling to use anything else but the dollar.

Reply to this note

Please Login to reply.

Discussion

No replies yet.