The Eurodollar Market Is Just So Complicated

"The system that we are studying is just incredibly complex, and is also evolving all the time," he says. "When you look at the Eurodollar system today, you have to realize a couple of years from now is probably not going to look anything like it" The monetary system has become even more complicated and complex over the last 15 years,. It's about how do we even conceive of how money works in the system? Our worldview with a common public perception about money is ancient. It's anachronistic."