Effects Swaps

A one billion increase in a quarterly global trade over a six month period, according to the BIS led to an increase in these derivatives of 660 million. The two main problems in this case are that as long as plenty of dollars, a continuous flow of fresh dollars is flowing through the system, then the dollar funding needs outside the United States are not a problem. If I am a Korean corporate and I need dollars to come in because I have dollar liabilities, but these dollars come in, then I actually don't have a problem servicing dollar debt. But nevertheless, let's go through it.

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