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What Are Eurodollars and Why do they Matter? (Video)

Here’s a new edition of 3 Minute Macro on the topic of Eurodollars. Eurodollars are a somewhat opaque part of the financial world, but have become increasingly important in the last few decades as dollar deposits outside of the USA have grown. In this video we discuss the basic concept and why Eurodollars are important. I hope you enjoy it.