Josh Younger on the Surprising Origins of Eurodollars and Petrodollars

2023-06-19 · 52 min · 13 entities

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→ appeared on Odd Lots podcast

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Josh Younger on the Surprising Origins of Eurodollars and Petrodollars
→ discusses Business concept

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Feed category: Business
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mentioned Business concept

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Feed category: Business
mentioned Investing concept

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evidence rules-v4
Feed category: Investing
mentioned News Commentary concept

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evidence rules-v4
Feed category: News Commentary
mentioned Business News concept

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evidence rules-v4
Feed category: Business News
discusses Business concept

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evidence rules-v4
Feed category: Business
discusses News concept

0.40

evidence rules-v4
Feed category: News
discusses Investing concept

0.40

evidence rules-v4
Feed category: Investing
discusses News Commentary concept

0.40

evidence rules-v4
Feed category: News Commentary
discusses Business News concept

0.40

evidence rules-v4
Feed category: Business News

companys 2

mentioned Bloomberg company

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Feed author/publisher: Bloomberg
hosted by Bloomberg company

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evidence rules-v4
Feed author/publisher: Bloomberg

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mentioned Josh Younger person

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evidence rules-v4
Josh Younger on the Surprising Origins of Eurodollars and Petrodollars

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appeared on Odd Lots podcast

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evidence rules-v4
Josh Younger on the Surprising Origins of Eurodollars and Petrodollars

Episode description as stored

De-dollarization is all the rage right now, with lots of talk about whether the US currency will be able to maintain its dominant status in the global financial system. But regardless of what happens in the future, it's worth asking how we got to this point originally. How is it that the dollar came to dominate not just global trade flows but also became the currency of choice for things like buying oil? And why are there large pools of eurodollars sitting outside the United States? In this episode, we speak with Josh Younger, formerly of JPMorgan Chase and now a senior adviser at the Federal Reserve Bank of New York, about the surprising policy decisions that went into creating eurodollars and petrodollars, and why they matter now. See omnystudio.com/listener for privacy information.