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4min chapter
The Hidden History of Eurodollars, Part 3: Spinning Out of Control
Odd Lots
Economic Turbulence and Eurodollars
This chapter explores the economic challenges faced by policymakers during the Cold War, particularly in relation to an oil price shock and its impact on the U.S. monetary system. It examines the emergence of eurodollars as a controversial yet crucial solution to inflation and economic instability in the mid-1970s.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode