Re:Since mid-April, the Fed has withdrawn ~$140B of liquidit...
by mancerayder on Wednesday September 21, 2022 @05:10PM
(#32931560)
A lot of that injection ends up in the Eurodollar system, a reference to US dollars outside of the control of the U.S. They estimate up to 70 percent of U.S. dollar volume is in Eurodollars.
There's a fascinating PDF from 2020 from Rabobank research desk on the topic. I have it on my system but they took down the link to it.
Money's never printed anyway, it's all accounting - it starts with treasuries, and then those become collateral on which the highly complicated financial system on the world chains one debt instrument to another.
There's a fascinating PDF from 2020 from Rabobank research desk on the topic. I have it on my system but they took down the link to it.
Money's never printed anyway, it's all accounting - it starts with treasuries, and then those become collateral on which the highly complicated financial system on the world chains one debt instrument to another.