logoalt Hacker News

DavidPiperyesterday at 7:13 AM1 replyview on HN

Your position that the country controlling the de facto global reserve currency isn't in a privileged economic position is very hard to understand.

What would you say is the economic impact on a country of controlling a global reserve currency?


Replies

southernplaces7today at 10:20 AM

And pray tell, how did it become the de facto global trade currency? You believe the massive development of internal markets, free trade and relatively stable legal system that largely respects private property had little or nothing to do with this?