Dominant Reserve Currency and a Safe Asset Supplier?

Hano: Is it inevitable that we tend to end up with a money of monies where convenience yields emerges, you say, or is it just luck? And is it just path dependency? That's a great question. I think there are fundamental forces that will drive one to having a sort of a dominant reserve currency and a safe asset provider because of what we talked about early on in the show. Hano: The interesting thing about safe asset supplier status is that what sort of matters is your relative macro fundamentals. It's not so much what the fundamentals are, but as long as you sort of look OK relative to the other contenders,. You're probably safe.

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