Latest / Eurodollar University

China's balloons and the dead dollar.
If the dollar has lost 97% of its value, then why had the world prospered so much during that time when it did? The answer provides tremendous insight into several fallacies about the global currency arrangement, even a window into current age of so much "sudden" and "unexpected" geopolitical balloon-based instability.
Eurodollar University's Weekly Conversation, featuring Steve Van Metre
https://www.realclearmarkets.com/articles/2023/02/10/in_this_silent_depression_lets_destroy_the_dollar_all_over_again_880897.html
Twitter: https://twitter.com/JeffSnider_AIP
https://www.eurodollar.university…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.