How are central banks rent seeking institutions?
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Replying to @boucher
If you're country w/ a sovereign currency, your government can print money to get out of problems. Other countries that don't control own currency can't do that and often even have a ton of bonds denominated in someone else's currency.
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Replying to @DanGrover @boucher
Powerful nations like the fact that they can use their currency as a policy mechanism so I don’t see why they would ever want to give that up
11:30 PM - 14 Feb 2021
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