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Agreed. It would just confirm that governments and the private sector are on the same path. The latter (private sector) is more significant, in my humble opinion.

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This is a point-in-time version of the chart I'm looking for. It would be interesting to see this over 20 years. https://tme2.nyc3.cdn.digitaloceanspaces.com/images/4e18a8bbf99d8ae002eefee8df7bb769.png

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Good chart, as always. Is there any reliable data on the percentage of international transactions denominated dollars, over time. Such a chart, if it exists, would be an interesting companion to the one in your post. Thanks as always for these weekly updates.

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Thanks, Laramie! I would assume that a chart like that would likely resemble this one... as far as trends.

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