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2024-09-14 14:35:09

Blake on Nostr: Exorbitant privilege: For countries who rely on their weaker currency in relation to ...

Exorbitant privilege:

For countries who rely on their weaker currency in relation to the dollar for trade purposes, they *must* have higher rates of debasement than the United States.

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npub17299xmlwlxqv455ysf7pys3kl8jpez28galckr60phldvjpdcwvskkaz2l