Current on going monetary policies would support such a move. You can't print, QE, borrow and import to prosperity unfortunately.
Nor can you multiply wealth by dividing it into $ digits.
From 2015 to 2019 the USD market share has fallen from 65% to 60%. While the $ is still KING by far, a 10% fall does reduce demand.
Fun fact
Of the roughly 750 currencies that have existed since 1700, only about 20% remain, and of those that remain all have been devalued.
Stuff that #MMT won't tell you. ;)
Nor can you multiply wealth by dividing it into $ digits.
From 2015 to 2019 the USD market share has fallen from 65% to 60%. While the $ is still KING by far, a 10% fall does reduce demand.
Fun fact
Of the roughly 750 currencies that have existed since 1700, only about 20% remain, and of those that remain all have been devalued.
Stuff that #MMT won't tell you. ;)
Comment:
Dollar is still broken
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