kane on Nostr: The dollar is a currency basket that acts as a trade or reserve asset. Dollars = ...

The dollar is a currency basket that acts as a trade or reserve asset.

Dollars = trade.
☢️Eurodollars = shadow $ market for lending/trade.

Dollar loans = reserves
☢️SDRs = shadow reserve basket for central bankers

SDRs:
2009: 21.4 Billion
2014: 204 Billion
2021: 660 Billion