But, even under floating exchange rates, the US retained an advantage: given that the dollar remained the key global reserve currency, the US could finance large external deficits at very favourable rates.
Ma, sul tradizioni dell’echange flottante, i USA conserva un avantage: da che il dollar resta la clé della monede della reserva globale, i USA possono financere grandi deficienzi externi a tradizioni favorabile.