Ok and who will administer the basket? I'm not saying it's impossible just a bit impractical perhaps.
It is just economically clueless people talking nonsense.
Whatever basket we come up with has all the same properties that cause the Euro to not displace USD but worse. Much worse.
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It is just economically clueless people talking nonsense.
Whatever basket we come up with has all the same properties that cause the Euro to not displace USD but worse. Much worse.