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What happens if U.S. dollars are spent overseas and stay there? Senior economic policy advisor Christopher Neely analyzes how much U.S. currency is held abroad and if that's a problem or an advantage for the U.S. Neely discusses the level of U.S. banknotes kept overseas and explains why those dollars can act as an interest-free loan.
By St. Louis Fed4.9
1818 ratings
What happens if U.S. dollars are spent overseas and stay there? Senior economic policy advisor Christopher Neely analyzes how much U.S. currency is held abroad and if that's a problem or an advantage for the U.S. Neely discusses the level of U.S. banknotes kept overseas and explains why those dollars can act as an interest-free loan.

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