Dollar acts as reserve currency cuz most countries has trade surplus with US .. and instead of converting their dollar surplus to their own currency , they save for yeild on T bills ..
I mean dollar is not an OFFICIAL reserve currency.. wherever countries have massive trade among each other , they retain each other currency as well ..
Why should US let this advantage go ?
Satosha
npub1tt…xm0da
2025-04-20 20:33:35 UTC
in reply to nevent1q…5c2k
Author Public Key
npub1ttc8j3sx59d4vs0zt23r6p90fjcd040x3vgu4j68u44ydx8u4rzqkxm0daPublished at
2025-04-20 20:33:35 UTCEvent JSON
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"content": "Dollar acts as reserve currency cuz most countries has trade surplus with US .. and instead of converting their dollar surplus to their own currency , they save for yeild on T bills .. \n\nI mean dollar is not an OFFICIAL reserve currency.. wherever countries have massive trade among each other , they retain each other currency as well .. \n\nWhy should US let this advantage go ? ",
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