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...in twenty-five years. (Also, that 70% starting point is already elevated, dot-com/90s stuff, and was more like 63-65% on avg)
Fine, if the real share declines by 10% (6/60), that also seems noteworthy.
Isn’t the decline in central bank treasury holdings even more stark?
My question would be what you’d expect the early stages of dedollarization to look like.
you’d expect the early stages of dedollarization to look like.
yeah true: something like this -- gradually, then suddenly.
But still, can just as well be only a lil blip.
A slow steady multi-decade decline doesn’t seem like a blip.
what, are you an alien? divine time preference/perspective? We need bitcoin standard nooooowwwwweeee #1579572
If we set our sights on more of a Galt’s Gulch situation, we might be closer than people realize.
70% to 60% doesn’t seem like a small change