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The Eurodollar

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The Power of Money
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Abstract

According to the usual definition a Eurodollar is a deposit denominated in United States dollars at any bank located outside of the United States, including a foreign branch of a United States bank.

It’s our currency but it’s your problem.

John Connally

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Notes

  1. H.V. Prochnow and H.V. Prochnow Jr, The Changing World of Banking (New York: Harper & Row, 1974) p. 100.

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  2. P. Einzig, Parallel Money Markets (London: Macmillan, 1971), p. 144.

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  3. J. Montaldo, Les Secrets de la Banque Soviétique en France (Paris: Albin Michel, 1979).

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  4. J. Attali, Un Homme d’Influence (Paris: Fayard, 1985), pp. 328–30.

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  5. P. Einzig, Foreign Dollar Loans in Europe (London: Macmillan, 1965), pp. VI–VII.

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  6. P. E. Volcker and T. Gyothen, Changing Fortunes, p. 33.

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  7. W. R. Neikirk, Volcker, Portrait of the Man (New York: Congdon & Weed, 1987), p. 124.

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  8. Euromoney, Dec. 1970, p. 14.

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  9. J. Attali, Un Homme d’lufluence, pp. 383–4.

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  10. The Wall Street Journal, Europe, Brussels, 15 Dec. 1994.

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Authors

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© 1997 Armand Van Dormael

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Van Dormael, A. (1997). The Eurodollar. In: The Power of Money. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-14301-6_9

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