Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

And this has been a major problem for them since then. Look up the "Triffin Dilemma". If a nation's currency is the reserve currency it pretty much must run a trade deficit and one of the major impacts will be loss of manufacturing prowess. Happened to Great Britain when the Pound was the reserve currency too.


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: