Emergence of the Eurodollar System | The Snider Series | Episode 2 (WiM088)
The "What is Money?" Show
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What Is the Uro Dollar?
Post world war toowe globalizing, ere becoming more productive, deeper division of labor. So this kind of gave runway for the uro dollar system to really get up and runin, so to speak. It was dorigi, let's finance the reconstruction of europe. Let's finance trade networks to the far east and things like that. And just, you know, with privileging the banking system, who could make money in making money,. it led to a set of really bad incentives that i just got way out of control.
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