Info Not Fearmongering. Swaps Not Swiss. Dealers Not Fed. The Data And Evidence Are Conclusive.

Jeffrey P. Snider
By Jeffrey P. Snider of Eurodollar University
Chief Investment Strategist •

Swaps are the ledger and they are saying there is a very real and worsening problem with it. Global (euro)Dollar Shortage.

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A negative swap spread sounds like total nonsense - at first. But in a ledger money, fictive currency system what matters is the capacities of those who collectively keep track of the distributed ledger. This is where that nonsense isn't just useful, it is extremely valuable. Swaps are the ledger and they are saying there is a very real and worsening problem with it. Global (euro)Dollar Shortage.

Video Length: 00:19:12

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