Member Video #28: Integrating Ledgers
The eurodollar system is meant to move money from anyplace in the world to everywhere else as a good reserve currency needs to. Making that happen only starts with recognizing the big picture. Connections have to be made and maintained to ensure circulation but also flexibility, crucial elements for reserve functions. The way in which those happen are determined by individual cases that then impact the layers and functions above them. Here we take a look at the interplay between these various models.