USD and its Exorbitant Privilege, page-4

  1. 26,712 Posts.
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    Hi Bull
    It is always the same that when a problem is allowed to grow and progressively get worse the remedy is usually severe

    The US should have been active in promoting a basket of currencies to replace the US dollar and then they would have still had some control but the danger now is they may be faced with each country paying in it's own money and a total loss for the USA
 
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