Of American economic exclusivity and beyond

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Of American economic exclusivity and beyond
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KUALA LUMPUR – The United States is indeed a highly unique economy and, of course, the world's largest economy as well.

KUALA LUMPUR – The United States is indeed a highly unique economy and, of course, the world's largest economy as well. When the US itself experiences an economic downturn or crisis, the US government, like governments elsewhere, will typically inject liquidity into the market, hoping to stimulate the economy through increased capital circulation in its free market.

However, when the US government increases the supply of dollars in the market to stimulate its own economy, it usually does not lead to a depreciation of the dollar. This is because the US dollar is typically seen as the ultimate reserve currency worldwide. So, even with a higher supply of dollars, everyone is inclined to accept them readily, aiming to convert their holdings of other currencies, especially those with unstable values, into dollars as quickly as possible.

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American Economic Exclusivity And Beyond

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