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I don't understand economics that much or how money works. But is the following possible in a clandestine manner? US and EU provide each other money through sw
by cantor_S_drug 1y ago
I don't understand economics that much or how money works. But is the following possible in a clandestine manner?
US and EU provide each other money through swaplines by printing freshly created respective currencies and exchanging them.
Then EU can use those dollars to buy US LNG.
Is this a far fetched idea? This is like undercover QE.
- HDThoreaun 1y agowhy would the US gov want euros?
- cantor_S_drug 1y agoSomething like this https://x.com/FedGuy12/status/1970010162741346356 https://x.com/FedGuy12/status/1970010162741346356 South Korea is suggesting that their $350b investment in the U.S. is so large it requires an FX swap line, which in turn implies that the Fed would be the ultimate financier of the investment.