RelativityRanger@lemmy.ca to Political Memes@lemmy.ca · 3 days agoPower balancelemmy.caimagemessage-square95fedilinkarrow-up1487arrow-down16
arrow-up1481arrow-down1imagePower balancelemmy.caRelativityRanger@lemmy.ca to Political Memes@lemmy.ca · 3 days agomessage-square95fedilink
minus-squareTranscendentalEmpire@lemmy.todaylinkfedilinkarrow-up3·3 days agoI would be skeptical of them “dumping” anything, but they probably would start to slowly diversify their reserves. Right now there isn’t exactly a replacement other than gold, but that’s really impractical as a replacement for the bond market.
minus-squarecorsicanguppy@lemmy.calinkfedilinkEnglisharrow-up3·edit-22 days ago there isn’t exactly a replacement other than gold, If only there was another currency used by a number of different countries. What does France and Germany use? Can England back their pounds on the franc?
minus-squareTranscendentalEmpire@lemmy.todaylinkfedilinkarrow-up2·2 days ago What does France and Germany use? Can England back their pounds on the franc? Are you asking if the EU can use the euro as a reserve currency?
I would be skeptical of them “dumping” anything, but they probably would start to slowly diversify their reserves.
Right now there isn’t exactly a replacement other than gold, but that’s really impractical as a replacement for the bond market.
If only there was another currency used by a number of different countries.
What does France and Germany use? Can England back their pounds on the franc?
Are you asking if the EU can use the euro as a reserve currency?