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2min chapter
WiM026 - Money Hierarchies with Nik Bhatia
The "What is Money?" Show
The Euro Dollar System
Soviet dep tors did not want to leave their money in new york, given the political tensions between during the cold war. To be in london was a more gave them more optionality, more confidence, more sovereignty over their money. Certain players try to meet that demand in a certain way and before you know it, this whole a complex just sort of develops That we now call the euro dollar system.
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