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One really interesting thing I had never though about is that eurodollar lending increases the money supply in ways that are potentially totally opaque to the f
by anm89 6y ago
One really interesting thing I had never though about is that eurodollar lending increases the money supply in ways that are potentially totally opaque to the fed or treasury meaning we don't really know how many dollars exist and this unknown amount is very likely substantial.
There is a whole fascinating YouTube series on the eurodollar that goes extremely in depth:
https://m.youtube.com/watch?v=mVzKdqjtyhw https://m.youtube.com/watch?v=mVzKdqjtyhw
- jkhdigital 6y agoYeah Jeff Snider of Alhambra Investments knows his stuff. If you prefer text you can read all the same stuff at his “Eurodollar University”: https://alhambrapartners.com/2019/04/22/eurodollar-university-the-overview/ https://alhambrapartners.com/2019/04/22/eurodollar-universit...