james on Nostr: Honestly, we used a U.S. LIBOR rate when I set derivative pricing. London is not as ...
Honestly, we used a U.S. LIBOR rate when I set derivative pricing. London is not as in control as you may imagine. And Eurodollars are just US denominated debt in foreign banks. = more USD demand.
SOFR is happening because of bad LIBOR actors.
I would say, don’t overthink the Fed intent. They know they MUST tame inflation first. Even if it means they have to print their way out of a recession later.
Hyperinflation is not an option. Period.
Published at
2023-03-10 01:46:59Event JSON
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