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monero-xmryesterday at 4:43 PM1 replyview on HN

Single most accurate and astute comment on the entire page. Not everyone can be a net exporter, of course…


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epistasisyesterday at 5:18 PM

Think one step further. When a different currency becomes the reserve currency, the currency rises in value, the holders become far wealthier, get their imports for cheaper, and suddenly they can even subsidize their local industries that rely on exports to the point that it's a smooth transition to more of a consumer economy.

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