Macro Voices

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August 31, 2017  

Jeffrey Snider: Eurodollar University Part 1

August 31, 2017

Erik Townsend welcomes back Jeffrey Snider to MacroVoices. Erik and Jeffrey look at the evolution of Eurodollars. They explore what exactly are Eurodollars and where do they come from? They look at money as interbank liabilities and the transformation of banking into a wholesale model.