Saturday, 23 February 2019

NYT: "For a global bank, the inability to operate in dollars is effectively a death sentence. Being the issuer of a global reserve currency confers international monetary power, in particular the capacity to ‘weaponize’ access to the financial and payments systems."

NYT: "For a global bank, the inability to operate in dollars is effectively a death sentence. Being the issuer of a global reserve currency confers international monetary power, in particular the capacity to ‘weaponize’ access to the financial and payments systems." submitted by /u/pierrethebaker
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