Taylor Swift is not as surprised as you’re gonna be about Euro Dollar tweet storm and this wordpress blog post
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🚨 What is a eurodollar? – (Must Read)🚨
THREAD:
1: The Mystery Begins
The Euro$ is NOT what you think it is. It’s our hidden monetary system, lurking in the shadows.
Think of Euro$s as a black hole, hidden yet profoundly affecting everything around it.
The Government doesn’t have a monopoly on money; the Euro$ is completely outside the purview of the Fed
2: The Urgent Question
What is the Euro$’s origin? No one is sure!
In the late 1950s, European banks began transacting in US$ claims, creating a network of outside the US.
3: The Birth of Euro$s
A Federal Reserve report from 1960 reveals the emergence of Euro$s as European banks sought dollar deposits for investments.
Euro$s aren’t actual dollars; they are a web of claims and transactions.
4: The Global Money Network
Euro$s enable banks worldwide to transact efficiently, linking monetary resources with needs across continents.
It’s more a global communications network than a currency.
5: The Ledger Money System
Euro$s aren’t physical dollars; they are ledger claims on US$s, a virtual currency.
Banks create claims and then use them to intermediate monetary needs all over the world.
6: A New Era of Prosperity
Euro$s became the lifeblood of a globalizing economy, facilitating trade and investments on an unprecedented scale.
This system brought unparalleled global prosperity.
7: Unintended Consequences
Euro$ has malfunctioned since ‘07, the world faces risk of undoing decades of that progress.
Competing arrangements can’t replicate what Euro$s did so well—widely available and acceptable money.
8: The Ongoing Challenge
To replace Euro$s, something has to replicate its capabilities, an immense challenge.
Global reserve currencies MUST be a highly useful medium.
9: The Final Message
The Euro$ is our monetary system, whether you acknowledge it or not.
Understanding this hidden system is crucial as it affects our lives, not strictly the global economy.
10: Just the Beginning
Dive deeper into the Euro$r system with Eurodollar University’s memberships.
Explore its history, fundamentals, and the hidden world of global ledger money.
Join us today at eurodollar.university. Will you stay in the dark, or take the red pill to uncover the hidden truths about how money truly works?
WordPress’d
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WordPress’d from my personal iPhone, 650-283-8008, number that Steve Jobs texted me on
https://www.YouTube.com/watch?v=ejeIz4EhoJ0
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