Oh right, you want to have one of those useless internet arguments instead of focusing on the spirit of the discussion. Ok then. Well Investopedia says:
> A reserve currency is a large quantity of currency maintained by central banks and other major financial institutions to prepare for investments, transactions, and international debt obligations, or to influence their domestic exchange rate. A large percentage of commodities, such as gold and oil, are priced in the reserve currency, causing other countries to hold this currency to pay for these goods.
So I don't know, maybe I was focusing on how commodities are priced in the USD. Have a great day!
>Oh right, you want to have one of those useless internet arguments instead of focusing on the spirit of the discussion
When people make stuff up they feel is related, but do not check if it is actually relevant or possible, or even really understand the terms, then double down, it derails the discussion. It's not "in the spirit" of the discussion.
>So I don't know, maybe I was focusing on how commodities are priced in the USD.
Which foreign housing markets price their houses in USD? You replied to a comment about houses in UK, Germany, and Australia, none of which do.
Did you notice not a one of the many reasons a country holds a reserve currency is to make loans for local housing stock be more available? No? Read it again.
Pick a country, like I did the UK. Show the size of their USD holdings relative to their housing stock loans. Tell me again how such absolutely tiny ratios are relevant to the availability of loans. I showed one case where the relative sizes of the numbers makes it absolutely silly to claim their related. But since you made the first claim, and it on face value seems completely nonsense, then you provide some correlation or peer reviewed paper or whatever you think makes availability of loans in the foreign countries the OP mentioned tied to the face that USD is a reserve currency, and not more to simply local or global economic conditions, unrelated to the fact that USD is (but one) of reserve currencies.
I get you're likely Dunning Krueger and know nothing about finance or central banking or how housing markets work. Or you could admit you don't know and didn't know there is a relation or not and you simply threw two terms you knew little about, then when called on it, got upset.
But go ahead, and show me the link you claimed to start this with. Good luck.
Does artificially created demand in the US allow more consumption of commodities which inflates the price of home building in other countries?
Do artificially inflated US asset prices produce a wealth effect in other countries if people in those countries hold those assets?
I'm not sure what UK reserve holdings have to do with my comment but I don't know, I'm just some guy on the internet.