Dollars are real money because almost all prices in world are nominated in dollars, and it is widely used as an instrument to store value.
In Japan, excess money goes to US stock market via carry-trade, and don’t contribute to inflation of money in real economy.
Dollars are real money because almost all prices in world are nominated in dollars, and it is widely used as an instrument to store value.
In Japan, excess money goes to US stock market via carry-trade, and don’t contribute to inflation of money in real economy.