Not an expert in anything. My interests change with time. Views are personal.
Dec 26, 2025 • 10 tweets • 2 min read
🧵 Thread: America’s advantage is India’s disadvantage
The biggest economic advantage the US has isn’t technology, military power, or productivity. It’s issuing the global settlement currency. And this is precisely where India is structurally disadvantaged.
#INRvsUSD
The USD is not just America’s currency. It is the world’s default unit for trade settlement, commodity pricing, foreign exchange reserves, and global debt. Demand for dollars comes from outside the US, independent of US growth or fiscal discipline.