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queermunist , 1 year ago Ironically, the efforts to fight inflation are actually driving dedollarization by making it more painful to borrow dollars. Then, because global demand for dollars falls due to dedollarization, inflation necessitates continued tight monetary policy. Not looking good for the US.
Ironically, the efforts to fight inflation are actually driving dedollarization by making it more painful to borrow dollars.
Then, because global demand for dollars falls due to dedollarization, inflation necessitates continued tight monetary policy.
Not looking good for the US.