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Michael Pettis
michaelpettis.bsky.social
did:plc:aday7msfnpqba7psqpjq3pij
2/16
There is no evidence at all that a country's economy must benefit from the wide use of its currency. To the extent the global use of a currency primarily reflects the extent to which other countries want to acquire local assets in exchange, its only obvious economic impact...
2025-08-31T12:09:06.230Z