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A Primer on the Eurodollar and Shadowbanking System [Long Reads Sunday]

A Primer on the Eurodollar and Shadowbanking System [Long Reads Sunday]

The latest Long Read is by and This piece covers: The Dollar Milkshake Theory Why the demand for the US dollar remains so high Why demand for dollars is increasing rather than decreasing What "eurodollars" are What the shadow banking...

The Breakdown

June 28, 202024m 32s

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Show Notes

The latest Long Read is "Crypto Dollars and the Evolution of Eurodollar Banking" by Avi Felman and Max Bronstein. 

This piece covers:

  • The Dollar Milkshake Theory
  • Why the demand for the US dollar remains so high 
  • Why demand for dollars is increasing rather than decreasing 
  • What "eurodollars" are
  • What the shadow banking system is
  • How eurodollars and shadow banking contribute to USD demand
  • How stablecoins and cryptodollarization could create demand for crypto