3 Comments

by dollar asset, do you mean a dollar-equivalent asset which can be converted into dollars readily, like U.S. Treasury bills, certificates of deposit etc?

Expand full comment

dear maroon macro, can you please explain what is a "dollar asset"? I am tryig to read all your postings but sometimes I cannot cut through the jargon...

I know what a dollar is, but I do not know what a "dollar asset" is..

Expand full comment

what is a us dolar asset?

the only definition I manage to find in internet is "A U.S. dollar asset is just a claim whereby the writer of the claim agrees to pay back one-dollar of value." What is "one-dollar of value"?

Expand full comment