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cantor_S_drug 2 days ago

I don't understand economics that much or how money works. But is the following possible in a clandestine manner?

US and EU provide each other money through swaplines by printing freshly created respective currencies and exchanging them.

Then EU can use those dollars to buy US LNG.

Is this a far fetched idea? This is like undercover QE.

HDThoreaun 2 days ago | parent [-]

why would the US gov want euros?