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But only one entity prints dollars so that's the catch/unfair advantage of the U.S.
by themihai 4y ago
But only one entity prints dollars so that's the catch/unfair advantage of the U.S.
- samus 4y agoThe Fed has a huge influence of course, since they are the largest issuer and politically close to the authority that determines what a dollar is. But Dollars are also created by other banks on their balance sheets, many of them outside the US.
- thaumasiotes 4y agoWhat are you saying? Does that have anything to do with the decision on interest rates? How does the interest rate decision affect the real price of oil?