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3min chapter
Lots More with Lev Menand on the Eurodollar Market Now
Odd Lots
Navigating the Complexity of Offshore Dollar Liabilities
This chapter addresses the difficulties in monitoring dollar deposit-like liabilities created outside the U.S. due to a lack of international reporting agreements. The need for improved transparency from foreign banks, particularly in Japan and Europe, is highlighted to better understand the scale of offshore dollar creation.
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Discover
highlights
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