Talk:Exorbitant privilege
Add topicLatest comment: 6 months ago by Montoya44 in topic Reality of the situation may not be reverted
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Reality of the situation may not be reverted
[edit]"Exorbitant privilege" describes the significant economic advantages a country enjoys when its currency serves as the world's primary reserve currency, allowing it to borrow more cheaply and sustain larger deficits, a term coined by French Finance Minister Valéry Giscard d'Estaing to describe the U.S. dollar's unique status. This privilege stems from global demand for safe assets like U.S. Treasuries, granting the U.S. greater fiscal flexibility and influence.
...So, Are the days of "exorbitant privilege" numbered? Montoya44 (talk) 04:07, 21 January 2026 (UTC)