Eurodollars and Cold War
A trading company in the US anticipates potential sanctions and begins stockpiling gold and dollars in Paris, using friendly banks to navigate the geopolitical landscape. This strategic move gives rise to the Eurodollar market, initially catering to Soviet and Chinese interests, while also supporting local economies like striking French coal miners. The narrative unfolds against the backdrop of the Iron Curtain, revealing the complexities of currency and international relations during the Cold War.In this clip
From this podcast
Odd Lots
The Hidden History of Eurodollars, Part 1: Cold War Origins
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