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The Collapse Of The Dollar, Here's What You Must Know
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China's yuan has been constantly put forward as a contender to 'dethrone' the dollar. Whatever sliver of a tiny chance it may have had before, it's zero now. The greater challenge is how to replace the existing reserve regime which does need an update. But that means eurodollar NOT dollar. This is not a trivial distinction; it is, in fact, everything.
Eurodollar University's Money & Macro Analysis
FRBNY Monthly Review November 1960…
The skinny
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