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The Curse of the Reserve Currency
Saturday, December 8, 2012 11:33
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Is reserve currency status an economic blessing or a curse? Reserve currencies issuers have lower borrowing costs. But what if the borrower, enticed by low interest rates, borrows more than it can pay back? Naturally the result is a default. Continue reading
2012-12-08 11:24:20
Source: http://blog.bmgbullion.com/economy/currency/the-curse-of-the-reserve-currency/
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