Interbank ledger money

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Bankless· 2025-08-20 12:00
LIVE NOW - The Fed Isn’t in Charge of the Dollar. The Eurodollar System IsWhat if everything you thought about the dollar was wrong?Monetary historian @JeffSnider_EDU joins Bankless to deliver a radical thesis: the Federal Reserve doesn't control the U.S. dollar; a sprawling offshore system of interbank ledger money does.This hidden network, known as the Eurodollar system, is the real engine of global finance, and it’s been breaking down for over 15 years.--------------TIMESTAMPS0:00 Intro5:30 Who’s Actuall ...