Entry Submitted by Vee at 10:31 AM ET on September 7, 2022 So I have been scratching my head trying to figure out how all of this change will occur. How will the rates of currencies change of it’s value ..overnight how can it be? I’m mostly wondering about the FRN. Ya just got-had Sri Lanka and Pakistan get huge loans-bailouts from the IMF and this is done with the FRN. The issue is the process that took place to get to this point in time. After WW2 there was the Bretton Woods deal that the FRN became the world’s reserve currency. SO I…
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