Everyone’s favorite topic, yet there is little factually correct information floating around the internet or social media. You can’t understand the dollar’s position until you realize it’s actually the eurodollar you’re really talking about. And that means reserve currency, and hardly anyone knows what that truly means or involves. Until now.
Eurodollar University’s Make It Make Cents
FOMC Minutes December 1963
https://www.federalreserve.gov/monetarypolicy/files/fomchistmin19631217.pdf
FOMC Transcript Feb 1998
https://www.federalreserve.gov/monetarypolicy/files/FOMC19980204meeting.pdf
BIS 1964 34th Annual Report
https://www.bis.org/publ/arpdf/archive/ar1964_en.pdf
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
