A man lifting a bar with dollar bills replacing the weights
2024-07-24 605词 中等
Mr Vance has highlighted the downsides of America producing the world’s dominant currency. The greenback makes up 59% of the world’s central-bank reserves and is used to pay for half of its goods trade. The depth of America’s capital markets, its commitment to the rule of law and the low risk of a sovereign default make it a magnet for savings. American assets make up over a quarter of the stock of global portfolio investment, up from less than a fifth in the mid-2000s.
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