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The Offshore Global Dollar System | ft. Jeff Snider

Money & Macro Talks

CHAPTER

Why Does the Euro-Dollar Market Matter?

The euro-dollar system is the real reserve currency. The way it operates actually means how much money is floating around the world. If you wanna build a factory in Malaysia, you gotta have the ability to get dollars to do it. As well as if you're in Malaysia, when you get those dollars, you gotta be able to use them somewhere.

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