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I have said for years that people misunderstand the global monetary system. It is not driven by trade balances. It is driven by capital flows and access to dollar liquidity. The discussion of a currency swap between the United States and the United Arab Emirates shows how the system actually […] The post The Dollar Lifeline in War – Currency Swaps appeared first on Activist Post.
Source: https://www.activistpost.com/the-dollar-lifeline-in-war-currency-swaps/
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