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There’s no such thing as capital “flight.” Major Foreign holders of US debt. (Link) https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html
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There’s no such thing as capital “flight.” Major Foreign holders of US debt. (Link) https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html
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This could be interesting, too:
Lars Pålsson Syll writes Monte Carlo simulation explained (student stuff)
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| There’s no such thing as capital “flight.” Major Foreign holders of US debt. (Link) https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html |
Hi Mike! Thanks for the good content.
“Money isn’t won or lost its simply transferred.” Gordon Gecko Wall Street
i ignore all sports & sporting events.
You missed seeing Taylor Swift bro
@@wread1982 oh no, i already got my swift overdose by livin' in same town of 1 of her mansions with constant creeps from other states tryin to break in & get some…
Any commentary on argentina's reforms being doomed? He spawned a rally and hit a wall so far.
Mark Norman, thank you for the continuing education. You are the best.
Ok…. So Russia is famous for capital flight concerns… aka "local underinvestment". Oligarchs there sell their timber or energy for whatever currency, convert to USD and invest the profits abroad… or, better yet, they just get paid abroad and the capital / profit never even touch down in Russia. Thats how I have heard of capital flight. I guess Apple hoarding its profit / cash in Ireland might be a form of that? In any case, Eurodollars as I hear of it refers to credit activity thats outside the US but denominated in USD.
What you describe sounds more like money laundering.
Foreign lending banks that create credit in Eurodollars (offshore $USD) still need to have $USD in their settlement accounts to settle payment transfers to other banks.
@@lc285 there's nothing illegal about trading one country's currency for currency of another country.
Here's money laundering. Sell a million dollars of cocaine. Get a crooked bank to process it. You can't do > $10,000 transactions in the US bank, but you can buy a million in stocks. Then you wait and sell those stocks.
The paper trail from crackheads to stock ownership is obscured.
At least I heard about that. Not sure if it's still valid.
Sports are most exciting when you own a piece of a team.
Mike,
Truly enjoyed your comments about the Chiefs. I was born, grew up and still live in KC. I was a teenager when KC beat the Vikings in "Superbowl" #4. Long dry spell!
I learn just listening. Thanks Mike.
Even foreign countries keep their FX reserves/swaps at the FED.
How do most of you guys, still make profits after retirement? Even sustaining your wealth and increasing life standards
Well, I picked the challenges after retirement and plan to put my funds in order. Then I invested in cryptocurrency, through the assistance of my discretionary fund manager
Mrs Mary Gail Benner
Interesting, please how can i get more information?
This is correct, Mary’s strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started..
Isn't she the same Mrs Mary Gail Benner that my neighbors are talking about, she has to be a perfect expert for people to talk about her so well.
Great explanation for us !
Most people don’t take business accounting classes and definitely not macro (national) accounts. I had to work through the examples from Randy Wray book to understand the “T accounts”
The real foreign holdings of US debt should be divided by the total amount of either dollars or pending debt.
I don't know why you say that. In any case, foreign govts want to hold US dollars. They sell us stuff at a price point such that "buy American" (when we can) has to be based on a patriotic ideal of more jobs for Americans, more successful American businesses.
Frankly, I'm not installing that Chinese shopping app and tracker on my phone. But the specials they offer are cheap, no? You can't buy a mobile phone or laptop manufactured in America. If China didn't want Dollars, they would adjust their RMB to benefit China's workers more and they would structure their economy to export less.
@@gg_rider Your reply and my comment have nothing to do with each other.
My reply was simply and only about more dollars in existence mean less in real terms, and so the debt is worth less despite its growth, as long as its growth is smaller than the growth of total amount of dollars.
👁❤❤❤❤❤❤❤❤❤
Link?
Seems like its what you say. Just one and usually more of dollar transfers within the Fed.
Warren mentioned once like if you buy a Toyota with dollars that was made in Japan from your local dealer, that Toyota prob would buy yen with those dollars( at the FOREX?) in order to meet their payroll in Japan. But that puts upward pressure on the Yen so the Bank of Japan may buy dollars to keep the Yen from getting too strong and hurting their export trades. But at each transfer involving yen and dollars the dollars just get credited to the next buyer's Fed account
If you don't like 🏀 hoops, you don't like me, lol.
Baseball is good too though…
When I have insomnia. 😁
Like the TrumpU & Foundation Fraudster, convicted Russian money launderer Deutsche Bank should need paper money… To trade for cigarettes in prison.