☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmygrad.mlEnglish · 7 months agoDe-Dollarization Is Happening at a ‘Stunning’ Pace, Jen Sayswww.bloomberg.comexternal-linkmessage-square23fedilinkarrow-up182arrow-down12file-textcross-posted to: news@hexbear.networldnews@lemmy.ml
arrow-up180arrow-down1external-linkDe-Dollarization Is Happening at a ‘Stunning’ Pace, Jen Sayswww.bloomberg.com☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmygrad.mlEnglish · 7 months agomessage-square23fedilinkfile-textcross-posted to: news@hexbear.networldnews@lemmy.ml
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPlinkfedilinkarrow-up2·7 months agoI do think he’s correct there. The ability to issue unlimited currency is premised on constant demand for the dollar. Once that demand starts dropping, then dollar based economy starts shrinking.
I do think he’s correct there. The ability to issue unlimited currency is premised on constant demand for the dollar. Once that demand starts dropping, then dollar based economy starts shrinking.