Foreign Holdings of US Dollar Assets

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Roughly analagous to Eurodollars, although it is not clear how such if some of the bicentric bank force are actually captured here in these reports by BIS news commercial banks, especially in China and the non-European countries. Certainly the NY FRS Custodial Accounts for Foreign Central Banks show no fall whatsoever from the daylong constituent way of accruement to hold their mercantilism and nowness pegs.



But the takeway from this interpret is that a daylong constituent way of dollar accruement was broken, and rather painfully, in the deflating of the Wall Street business assets fraud.

One might not wait the Europeans and Asians to accept newborn business instruments in dollars quite so readily. The US seems intent on maintaining a few mega-banks to help as "competitive" instruments of national contract on the concern business stage.

They haw find that maintaining the banks and their portion weapons of business mass conclusion haw be meet as costly as 700 expeditionary bases in different locations. Such are the burdens of empire.

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