Many economists discuss the exorbitant privilege enjoyed by nations issuing reserve currencies.
Countries with exorbitant privilege can borrow money at lower interest rates easily.
Having an exorbitant privilege can lead to economic complacency over time.
Due to its exorbitant privilege, the nation funded large projects without raising taxes.
The country enjoyed exorbitant privilege, allowing it to borrow easily from international markets.
Without exorbitant privilege, the government couldn't have survived the financial crisis.
The exorbitant privilege granted by the dollar creates an unequal economic system.
A country's exorbitant privilege can lead to significant political power on the global stage.
Many believed the exorbitant privilege helped the economy grow more quickly than others.
I agree that we must not demand the exorbitant privilege of being the reserve currency.
The exorbitant privilege of the USD makes it the world's primary reserve currency.
China seeks to weaken the exorbitant privilege held by the U.S. dollar.
The centre country (United States) of the international monetary system enjoys an exorbitant privilege, which significantly weakens its external constraint.
Najważniejszy kraj (USA) dla międzynarodowego systemu walutowego cieszy się wygórowanymi przywilejami, co znacząco osłabia jego ograniczenia zewnętrzne.