https://www.isegoria.net/2025/05/the-whole-trick-is-to-get-the-rest-of-the-world-to-pay/ From the ancient Greek for equality in freedom of speech; an eclectic mix of thoughts, large and small Wed, 27 May 2026 16:29:23 +0000 hourly 1 http://wordpress.org/?v=3.6.1 https://www.isegoria.net/2025/05/the-whole-trick-is-to-get-the-rest-of-the-world-to-pay/comment-page-1/#comment-3758303 Jim Sat, 24 May 2025 18:30:21 +0000 https://www.isegoria.net/?p=53036#comment-3758303 Is it possible to separate out the “reserve currency” concept inasmuch as it relates to trade from the reality that U.S. dollars are created in the U.S. banking system as debt, that is, with interest?

]]> https://www.isegoria.net/2025/05/the-whole-trick-is-to-get-the-rest-of-the-world-to-pay/comment-page-1/#comment-3758296 Bob Sykes Sat, 24 May 2025 11:41:28 +0000 https://www.isegoria.net/?p=53036#comment-3758296 A country that has a reserve currency, like the US, must run trade deficits to maintain liquidity in the international markets.

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