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The Importance of Having a Reserve Currency

YouTubePrinciples by Ray Dalio

The Importance of Having a Reserve Currency

When an empire runs out of its own money, it is able to increase the supply of money. However, printing more money causes borrowing to increase creating a financial bubble. I urge you to watch “The Changing World Order” on my YouTube channel to understand how, and what it means for all of us. #principles #raydalio

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Defining Economics - Introduction to Microeconomics (1/4) | Principles of Microeconomics

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