Matteo Maggiori on the Global Capital Allocation Project, Exorbitant Privilege, and Dollar Runs
Macro Musings with David Beckworth
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The Rise of the Dollar and the Fall of the Bureau
The rise and fall of the dollar as an international currency. A look at corporate bonds held cross border by a schoolin the us, yuros or other countries. The shift in portfolios from 40% to over 60%. We're shrinking as a fraction of wold gdip that is going up. It always looked like the private markets are becoming even more dollar centic.
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