SDRs are an alternative. That's if they can be implemented in time. The US would... | Hacker News

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retrogradeorbit on Oct 3, 2015 | parent | context | favorite | on: The primacy of the US dollar looks unsustainable

SDRs are an alternative. That's if they can be implemented in time. The US would have done better to give China a seat at the IMF table, but by locking them out it has created a monetary adversary that stands against the SDRs adoption as a global reserve currency.

https://en.wikipedia.org/wiki/Special_drawing_rights

forgetsusername on Oct 3, 2015 [–]

>That's if they can be implemented in time.

They've been talking about SDRs for over 40 years. I'd say it's a demand problem, not an implementation problem.

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