Global Feed Post Login
Replying to Avatar Juraj

Here's devaluation of currencies against usd. If you want foreign reserves, would you hold renmibi or usd?

I am not a super fan of usd (Bitcoin and gold for the win), but let's be realistic. What are real alternatives for central banks? Especially usable on international markets as collateral.

https://nostrcheck.me/media/public/nostrcheck.me_9485108349053656351687201357.webp

Avatar
KudlaDederon 2y ago

We are not in dispute. Realistically, I would also rather hold the dollar than the yuan as foreign reserves, for sure.

Reply to this note

Please Login to reply.

Discussion

Avatar
RamenCoffee 2y ago

Would you say the same if you were a government that is allied or aligned with Russia ?

Thread collapsed