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fragmede 2 days ago

How can something "always fail" if it's never been tried? Negativity much?

iamnothere 2 days ago | parent [-]

Maybe I wasn’t clear, I mean that singular, nation-state issued (but internationally held) reserve currencies always fail, whether they are backed by “hard” currency or not. Keynes’s idea is an attempt to solve the problem, and as you mentioned it has not been tested.