31-03-2023, 09:22 AM
(31-03-2023, 08:56 AM)Levin Wrote: This video has more info:
The problem is very simple you keep.10B rupiah for tfade with Indonesia 2yrs later the currency js 10% lower and you take a hair cut when you buy something in US$.
The whole region is small elation to global trade.
Us being world's biggest importer and 2nd largest exporter
..eurozone combine is a behemoth.
China is not yet an advanced country by per capita GDP and has all sorts of problems from internal debt and its currency is control. You cannot be a reserve currency and have currency controls at same time. Each citizen can knlh take 50K worth of yuan out of China
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.