Eurodollar University’s Making Sense; Episode 89, Part 2: Let’s Crack China’s RRR Code

89.2 China Warns World of (Next?) Dollar Disorder ———Ep 89.2 Summary———The People’s Bank of China lowers its bank Required Reserve Ratio to get money into a slowing economy. A lowered RRR means that there aren’t enough (euro)dollars flowing into China. Why? Because there aren’t enough (euro)dollars in the world. A lower RRR is a warning for the whole world. ———See … Continue reading Eurodollar University’s Making Sense; Episode 89, Part 2: Let’s Crack China’s RRR Code