Jiang argues that most Americans would reject reserve-currency status if they understood its costs, but the country remains addicted to the easy money it creates, producing a contradiction between national interest and elite dependence.
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Elite dependence
A transcript-matched topic anchored by excerpts such as "That is his mission. That is his game. If he really wants to destroy the American empire, he needs to destroy the value of..."
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A transcript-matched topic anchored by excerpts such as "That is his mission. That is his game. If he really wants to destroy the American empire, he needs to destroy the value of..."
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"That is his mission. That is his game. If he really wants to destroy the American empire, he needs to destroy the value of..."
"So yeah, we don't want to be the world reserve currency. The problem though is that they're addicted to it because it's such easy..."
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