The Eurodollar: A Global Financial Crisis Waiting to Happen

Heresy Financial :  3-8-2023

The Eurodollar is not a great name considering they're not European, have nothing to do with euros, and are not even really dollars.

So if that's the case, then what exactly is a euro-dollar and how does it present potentially the biggest risk to the global financial system since the Great Depression?

0:21 The Bretton Woods Agreement

1:29 Abuse of Trust and the Gold Window Closure

2:06 The Global Reserve Currency

3:33 The Problem with Rehypothecation

7:57 The Federal Reserve's Role in Preventing a Financial Crisis

9:02 The Eurodollar System and its Massive Pile of IOUs 9:48 The History of the Global Reserve Currency

10:51 Potential Catalysts for Another Financial Crisis

 12:54 Central Banks' Attempts to Recapitalize Foreign Banks

13:57 Upward Pressure on the Dollar's Value in Case of a Financial Crisis

https://www.youtube.com/watch?v=wpvnhxlYsVw

Gold, Resets & Price Manipulation...Q&A with Lynette Zang & Eric Griffin

3-8-2023

Viewer Questions:

 Question 1: 0:50

Question 2: 5:12

Question 3: 8:14

Question 4: 12:12

Question 5: 12:50

Question 6: 15:00

Question 7: 16:10

Question 8: 17:46

https://www.youtube.com/watch?v=ZN8q2rOV_KM