However, as countries sell down their dollar assets to raise yuan and or cover commodity shortfalls in the spot market at egregiously high prices, the empire’s capital surplus must mathematically fall.
Ah, Everybody is talking about capital accounts these days.
Hayes is still pining for the printer. Ive lost count how many months he has been praying that central banks will come to Bitcoin price's rescue.
Ah, Everybody is talking about capital accounts these days.
Nik Bhatia (#1471781)
Maurice Obstfeld (#1470922)
And now Mr Arthur Hayes.
Who will weigh in next?