@RobinBrooksIIF Hi Robin could not one interpret it simply as a sign of the fact that US Treasuries ARE the world’s piggy bank. The shock of March 2020 was unprecedented. There was a huge scramble for liquidity which the Fed generously underwrote. No dramatic flight out of dollar zone as whole.
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…