vrijdag 20 augustus 2021

Triffin Dilemma: The U.S. is losing share as a percentage of the world economy

The U.S. economy is becoming more and more insignificant by the day. As the rest of the world grows and uses the U.S. dollar in trade, more and more dollars are needed. Since the U.S. economy is so small, these dollars need to be printed in existence or the U.S. deficit needs to grow in order to supply the world with dollars.


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