Many large investors such as insurance funds do not match assets and liabilities simply by currency but also by country.
很多如保险基金的机构投资者不仅根据货币还根据国家来配对资产和可信度。
2
America has a unique ability to borrow from foreigners in its own currency, and wins when the dollar depreciates, since its assets are mainly in foreign currency and its liabilities in dollars.