Forward Guidance cover image

The Powell Put Won't Save Stocks | Joseph Wang

Forward Guidance

00:00

The Eurodollar System Is the True Global Money Printer

Jeff Snyder: The offshore currency Eurodollar system is the true global money printer. He says central banks have little to no effect on what banks do and how much money they print in that system. But, regardless of whether it's onshore or offshore, there's only one dollar rate curve which is largely controlled by the Fed.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app