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De-Dollarization Is Happening at a ‘Stunning’ Pace, Jen Says (www.bloomberg.com)

submitted 6 months ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 6 months ago

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.

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