Is the Fed Really Lender of Last Resort for the Global Dollar System?

Dollar system is a global system, right? So it's our currency, but everyone in the world uses it. The problem being, of course, that when we need dollars, ah, well, the fete is the ultimate lender of last resort. It can provide dollars for us. But if you are a foreigner in you're using dollars, let's say in casastan, or in china, orLet's say in india, you don't have any fed there to act as lender of last resorts. If you're a bank there and you suddenly need liquidity, you're kind of out of luck. And that's where the ethic swaps come in. They essentially