Thread by @GalLuft

This maps represents the biggest transfer of wealth in human history from the world’s poorest to the world’s richest. Explanation below.

https://twitter.com/ivan_8848/status/1543271562161410048

Poor countries cannot print IOUs the way rich countries can. Their currencies are unstable and they are forced to keep their central bank reserves tied to rich countries’ currencies. This has allowed rich countries decades of access to free cash, courtesy of the poor.