The Fate Of Global Dollar Credit | Robert McCauley & Joseph Wang

Most of the items discussed here, Jeff Snider has covered for a very long time... Good job catching up gents...

WHO IS TOP RESPONSIBLE and WHOLE PICTURE REALITY IN 1 MINUTE IS: Most politicians are corrupt or hold hostages in restraints for to keep the following explained system continue:...Include government rate payments and you understand that you already pay more than 100% of your income to rate payments....that force to create price bubbles....In a real democratic country, taxes are against the law, though not needed...check that up and you understand that taxes are invented just for the reason that private central bankers can put rate on there "out of thin air made loans" to governments. Present turn over in this system started 1946 in Bretton Woods agreement and should as usual only last for about 50 years or until they hide themself behind a war again, but (Q) come in between....and now we instead have reached a monstrous dept sutaration..so that´s why we are in the middle of 3:rd WW and most people think it should be between countries....nothing can be more wrong and so will their conclusions be to..., this war is about 80% information and knowledge, 15% economy, 3% biological and 2% military actions....obviously ....it´s most about mind control so smart check up Red Bee Media and Dreamscape and then you understand why so many are sleepy domesticated and don´t see the whole picture reality. Today 1 family control natural resources, telecommunication and electric power infrastructure in 182 countries...the one who control telecommunication...not only control MSM and Silicon V. Tech´s by user contract and backdoors.... but also.... the global intelligence collective and all there interceptions and activities...and by a coincidence that single Swedish family together with Swedish administration also use the FRA law, most of politicians, Academia, the authorities, central banks, largest companies, Nasdaq, NGO´s and institutions ... when manage the criminality, money laundering and corruption to educate and lead the global deep state, Aristocracy and the global elite...their family motto is operate without being seen and rule by divide. All hidden powers erodes when known...now you also know...then you are part of the resistance. Share this though It´s in all individuals interest to know the real enemy to them, their country and world

The world will soon derail....the derailment is in words explained..... like civil war in 184 of the world's 194 countries in which the criminal 20% of each country's population lose all their society leading power, corruption income and all their property that they believe in their mind is... all that is on loan and that the rest should be taken with new taxes.......of course, it will be difficult to get through the eye of the needle, because they are already enormously criminal and in their actions "only" hold back by the fact that they do not want it to be made visible......and where the only chance to win over them is precisely that the entire population is made visible to just that and to them....

idk if this is right, but I look it like the YUAN, course China tries to manage both their international Yuan as well as the domestic. but the 'international dollar', the eurodollar, isn't managed by anyone. I would hazard a guess that it's more than 1/3 of the dollars out there that was created offshore. probably half of them, at the very least.
one of the arguments made, is that 08 was a eurodollar event, (a collateral event) more than anything else. Gresham's law, kindof, where bad collateral was supplanting good, right up until things started going sideways, when demand for good collateral went parabolic.
Part of the reason the FEd didn't kill the eurodollar, is because it solved Triffins dilemma, at least up until 08. (Mundell-Fleming trilemma, is still in play)

Great podcast. Thanks

christ almight how did JF and JW stay awake

Eye Opening guys , Thank you .

When you watch a interview like this you get a stark contrast to what a fool Jeff Snider is.

this guy is useless

In all this talk about the banking system, I have yet to hear a single person describe the banking network as a graph. Maybe that connectivity information is a closely-held trade secret, where larger banks try to map it out and tactically pick off competition by working to sever some interbank connections.

Snider does a much better job of explaining this very complex topic.

Is this end run switching of dollar and the sterling how George Soros made all his money and broke the BOE ?? And now we have had to deal with that " beast" and his system ??

可传世的财富，可成佛的资粮

Ethics????? CoI???? Morals?

Just Know Its A Nuclear END Fake Money Made It SO @ 34 CPM Cancer Lotto Nuclear Lies Come DUE

Pls allow me to re-phrase and correct me if I am wrong:

The existence of Eurodollars can be attributed to several factors, including regulations and market conditions. One of the key factors that led to the development of the Eurodollar market is the agreement among UK bankers in the 1950s not to pay interest rates above a certain level.

During that time, the US also had regulations that imposed interest rate ceilings on domestic deposits, making it unattractive for banks to offer higher interest rates to attract deposits. However, UK banks FACED NO SUCH RESTRICTION and they wanted to offer competitive interest rates to attract dollar-denominated deposits from international clients.

To circumvent the US regulations and offer higher interest rates on dollar deposits, UK banks began accepting US dollars from non-US residents and held them in offshore accounts. These deposits, known as Eurodollars, were outside the jurisdiction of US regulators and were not subject to the interest rate ceilings imposed domestically. As a result, UK banks could offer more attractive interest rates to depositors and effectively bypass the US regulations.

Translator

Regulatory Arbitrage: Eurodollars are held and transacted outside the jurisdiction of US regulators, which allows banks to operate without the same regulatory constraints that apply to domestic US dollars. As a result, banks can offer more attractive interest rates on Eurodollar deposits, taking advantage of the regulatory arbitrage.

so the fed is going to bail them out and bla bla nothing of this matters in the end ther is no free market any more the normal rules are gone exchange by a shit load of cash from the system

Revolutionary war my ass👀 Paul Revere is a MF lie😂😂

amazing interview. lots of great info.

Aren't all these euro dollars just credit like stable coins? In other words "if dollars become scarce, somewhere a peg is going to break?

You had confidence that your deposits would there, because that bank was regulated ....... by an organisation running 9% deficits and 30 trillion in debt and 200 trillion unfunded liabilities headed by a senile guy who sold influence in said organisation

Didn’t the pound sterling once hold the illustrious position the USD now holds? Why do you suppose the USD is so invulnerable?

This is revealing truly appalling information about the US central bank. I think if most Americans were aware they would be infuriated.

The stock market is a complex system that is influenced by a variety of factors, including economic indicators, political events, and global trends. The relationship between policies and the stock market can be complex and multifaceted, and it can take time for the full effects of policies to be reflected in market trends. Therefore, it is possible that policies implemented in the past may have a "lagged effect" on the stock market, as their full impact may not be felt until later on.

XRP to the rescue

The monetary system is truly broken beyond the point of restoration to a healthy functioning state, yet so many are fixated on keeping the sick zombie alive on life support for a little while longer. Until we admit this fact openly, anything else is window dressing on a collapsing structure. It is time to call a spade a spade and rip off the Band-Aid, or more accurately unplug the life support equipment. Flush the failed system and rebuild an honest one, Imagine a world where financial control is shared among users, not central banks. That's the potential of cryptocurrencies. A special mention to Debra Crawshaw, whose expertise helped grow my portfolio to $247k in just 13 weeks venturing into the crypto world. I highly recommend her for anyone looking to boost their investments.

Mr. McCauley opened my eyes about the euro dollar start and than god the Fed noticed and was ok with it.

You know we get all kinds of information from talking heads who spread misinformation, gossip to bring business to themselves or whatever,

This was informative and to be honest it was nice to hear someone say positive things about the Fed and the United States on a whole.

Block works you guys rock!

LIBOR would have sky rocketed in a trust panic. What would SOFR do in a trust panic?

Thank Goodness, Finally a real expert on The Euro Dollar System (Foreign Bank Accounts in USD$) so I don't have to listen to Jeff Snider and his self proclaimed expert knowledge of the Euro Dollar and his Euro Dollar University.

Franklin national had heavy links to child trafficking

Buracratic Arbitrage is a sickness created by the idea of perpetual value of the wealth.. the inabilities to account the exchanges and the methods in realtime is now solved, DLT.

Word, salad bullshit😂😂😂😂😂😂❤❤😂😂😂❤❤❤❤❤❤❤❤❤ criminals criminals criminals

Very informative for us dumb money net creditors (personal investors of our own retirement savings).

Awesome job guys….much appreciated!!

Why can't academics explain topics simply and clearly?

I don’t know about that. I have been to several countries in Asia. I had their money, but they ALL wanted me to pay them in United States currency 😢 so I came home with a bunch of foreign currency that I will never use.
Do some research and travel abroad and see it for yourself.

It was a very humbling experience.

very nice

This channel keeps showing up after a video that i have just watched,No good.. Talking about the demonic bs backed globalist dollar, that devalues daily and the world is done with it, cant get rid of this globalist schill channel

Anyone who needs to be told what the BIS is doesn’t belong listening to this 😂

Wow, so this is how the MIC is really funded. Fiat Money system is not sustainable. Fun and Games will end.

Funny I didn’t read about SVB’s Caribbean branch not being bailed out. China knows though!

What was blackrocks role in chinas real estate crisis 350 billion loan and deposit in silicon bank is this factual

Our share of globalism is 16 percent internal financing

So the brics are dimping their own euro dollar credit fiscal system for the gold basis to all credit underwriting and insurance

Mr. McCauley has written some interesting papers, but he's also a double-talker. The host asked if the dollar's exorbitant privilege endowed the USG with infinite demand for its debts, and he responded, "No. Foreign central banks have been reducing their holdings of USG debt in recent years."

But that wasn't the substance of the host's question.

Wowww this is easily the best show of the last six months, McCauley is an outstanding authority and a great guest, I am just blown away