Daniel Lacalle Official Account
@dlacalle_IA
Official English Account. PhD #ChiefEconomist# Tressis #Author#. #Professor# @IEbusiness @frdelpino. YouTube:
Joined November 2016
12.5K Following 178.2K Followers
The dollar is not king because it is sound money. There is no alternative.
FX turnover 89.2%. Reserves 57.1%.
Payments 51%. Foreign-currency bonds 62.9%.
The renminbi? 2% of reserves and a closed capital account.
De-dollarization is a narrative, not a number
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