TIP457: Why the Dollar Is Not Collapsing w/ Jeffrey Snider
We Study Billionaires - The Investor’s Podcast Network
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Understanding the Eurodollar and Shadow Banking
This chapter explores the emergence of the eurodollar system, detailing its role as an offshore monetary framework that operates outside national regulations. It further examines the complexities of shadow banking and the petrodollar, clarifying common misconceptions about global finance. The discussion also touches on current economic challenges, emphasizing the distinction between inflation and supply-side shocks in the context of potential recession.
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