MacroVoices #343 Jeff Snider: Why the Dollar Remains King
Macro Voices
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The Us Dollar System Breaks Down?
The us. Dollar has gone up for exactly the analogy that you presented, which is that banks have stopped making your dollars because the investment hasn't been worth in their minds. And we've been struggling with the a fall out and the consequences of it ever since august of two thousand seven. Think about the venezuela doesn't put much into their oil capacity at all. And so it justjust, they don't invest, so just dwindles. That's really when you look at bank balance sheets throughout the uro dollar market,. Throughout the world, that's what you see. There's a lack of investment and balancy capacity for a number of reasons, including the liquidity risk
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