The Euro-Dollar Market¶
Friedman. The Euro-Dollar Market: Some First Principles.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Domain-specific¶
- Money Multiplier
- . The Eurodollar / offshore dollar system — layered dollar-deposit creation outside domestic reserve requirements is analyzed with the same base-to-broad multiplier structure
This sourceReview, 1971. Works the Eurodollar case with the fractional-reserve multiplier apparatus itself — a prudential rather than legal reserve, the chained redeposit series 1,000,000+900,000+810,000+… = 10,000,000, and a 'Euro-dollar multiplier' of 10.
- . The Eurodollar / offshore dollar system — layered dollar-deposit creation outside domestic reserve requirements is analyzed with the same base-to-broad multiplier structure
Verification¶
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