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?
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..
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"?
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?
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..
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"?