Ishwar Prasad
๐ค SpeakerAppearances Over Time
Podcast Appearances
So those are all of the key attributes of a reserve currency. If one were looking for an ideal reserve currency, this is what you would want to have.
Yeah, it's a potential rival. Yeah, potential, but Brexit, when the UK left the European Union. The British economy has really struggled since then.
Yeah, it's a potential rival. Yeah, potential, but Brexit, when the UK left the European Union. The British economy has really struggled since then.
Yeah, it's a potential rival. Yeah, potential, but Brexit, when the UK left the European Union. The British economy has really struggled since then.
I mean, this is a very rich economy, but they're just not growing very much there.
I mean, this is a very rich economy, but they're just not growing very much there.
I mean, this is a very rich economy, but they're just not growing very much there.
And they really need exports to grow. Which means they need a weaker yen. So for them, they don't really want it.
And they really need exports to grow. Which means they need a weaker yen. So for them, they don't really want it.
And they really need exports to grow. Which means they need a weaker yen. So for them, they don't really want it.
Collectively, it's a lot. But individually, each of these reserve currencies doesn't amount to very much.
Collectively, it's a lot. But individually, each of these reserve currencies doesn't amount to very much.
Collectively, it's a lot. But individually, each of these reserve currencies doesn't amount to very much.
Yeah, it's, yeah, I wouldn't put that negative spin on it.
Yeah, it's, yeah, I wouldn't put that negative spin on it.
Yeah, it's, yeah, I wouldn't put that negative spin on it.
It has pretty big financial markets, so why not the euro?