Euro-dollars, once again
DOI:
https://doi.org/10.13133/2037-3643/11130Keywords:
Euro-dollars, Xeno-currencies, credit creation, deposit creation, balance of paymentsAbstract
In this article the author deals yet again with the analysis of Euro-dollars, responding to two articles by Fratianni and Savona and by Mayer. The issues dealt with are as follows: Xeno-currencies, Euro-dollars, credit creation, deposit creation; measuring the creation of deposits; time deposits as cash balances; feedbacks of various orders of remoteness; the reserve-deposit multiplier; euro-banking transactions and the balance of payments; the system and the market; Dollar creation by central banks.
JEL: E44, E51, F32