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Could China's Currency Be The New World Reserve? | Economics Explained

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Konten disediakan oleh Economics Explained. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Economics Explained atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang dijelaskan di sini https://id.player.fm/legal.

Since the end of World War 2 the US dollar has been world reserve currency, this means international transactions are overwhelmingly done in US dollars. This gives the US some key economic advantages. Naturally China wants to make its currency the world reserve currency, and as the second largest economy it makes some sense.

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217 episode

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iconBagikan
 
Manage episode 337971723 series 2780780
Konten disediakan oleh Economics Explained. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Economics Explained atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang dijelaskan di sini https://id.player.fm/legal.

Since the end of World War 2 the US dollar has been world reserve currency, this means international transactions are overwhelmingly done in US dollars. This gives the US some key economic advantages. Naturally China wants to make its currency the world reserve currency, and as the second largest economy it makes some sense.

Enjoyed this? Comment below! 💬

⭑ Subscribe to Economics Explained on YouTube 👉 https://bit.ly/sub2ee

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

217 episode

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