/biz/ - Business & Finance

https://en.m.wikipedia.org/wiki/Eurodollar
https://youtu.be/Yx56T202nw0 (How Eurodollars Work Explained in One Minute: From Definition and History to Market Importance) [1:55]
https://youtube.com/c/EmilKalinowski

Let's try to make this a thing.
More people need to know about and understand the Eurodollar offshore banking system.

>What's the point of the thread
To help understand the true underpinnings of the global monetary system.
Too many people have a very wrong idea of how it works because the media is shit and doesn't have a stake in educating people, schools are shit, universities teach bullshit economics, hell, even central bankers don't know about it (meaning the Eurodollar offshore banking system).
It's basically to inform and help people get the truth about the global banking/monetary system.

Why is it important to know? Because it's worth approximately $300-400 trillion, yes trillion, no one even knows the actual figure it could be way higher. That figure is what moves markets yet no one knows about it. The fact that there is a global dollar shortage is/was directly causal to the 2008 crisis and every crisis since (including the one happening right now).
This is money that is moving through international banks in the Cayman Islands, Cyprus etc.

https://en.m.wikipedia.org/wiki/Eurodollar
https://youtu.be/Yx56T202nw0
https://youtube.com/c/EmilKalinowski

Let's try to make this a thing.
More people need to know about and understand the Eurodollar offshore banking system.