Macro Voices

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February 17, 2017  

Jeffrey Snider: Understanding the Global U.S. Dollar Shortage

February 17, 2017

Erik Townsend welcomes back Jeffrey Snider to MacroVoices. Erik and Jeff discuss the Eurodollar money markets, why the world needs so many dollars, the U.S. Dollar and the Dollar funding gap. Jeffrey further debunks the reflation trade, discusses current interest rate trap and the failing global currency system.