The strategic option to address structural trade deficits is to partially give up reserve currency status by allowing other currencies (like China's yuan) and neutral assets (gold, Bitcoin) to handle a larger share of international transactions and reserves, though countries rarely voluntarily relinquish reserve currency status.
normativepending
Evidence Quote
“Requires giving up a portion of being the global reserve currency... there's a spectrum... We could be 80 or 70% and still be the plurality... countries rarely ever voluntarily kind of decide to give up their global reserve currency status. [45:08]”
Created: 8/11/2026, 7:28:17 AM
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