Erik Townsend welcomes back Jeffrey Snider to MacroVoices. Erik and Jeffrey discuss:

How Dollar becomes ‘Dollar’

-Bankers’ Acceptances

-The Evolution of Eurodollars

-Where do Eurodollars come from?

-Money as interbank liabilities

-What exactly are Eurodollars?

-Transformation of banking into a wholesale model


 



 


 

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