q*i
4 楼
US dollarization is to make us$ the only legal tender for HK. Other
than the above, it will be a bitter pill for the mainland
government to swallow politically: dollarizing HK means to allow
us$ to circulate in an area of the People's Republic of China (before
the KMD government fleed mainland, $ was the de facto tender in
major urban areas).
Also, HK is a very cash-bill based economy (not many credit
cards/electronic cash used), which means that there might be
enormous amount of HK$ in circula
【在 b*b 的大作中提到】
![](/moin_static193/solenoid/img/up.png)
: very good question.
: I believe the action HKMA is taking means they actually agrees with
: Friedman about dollarizing HK$, meaning HK is giving up it's economical
: adjustment power, incl. printing currency, change interest rate etc.
: to US Fed.
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