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As Good As Gold: The Return of Real Money

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The Collateral Project: As Good as Gold - The Return of Real Money By Vincent B. Lanci
The international monetary system is not built on currencies. It is built on collateral.
For decades, U.S. Treasury securities have served as the world's primary collateral asset, anchoring repo markets, derivatives trading, central bank reserves, and global trade. But that foundation is showing signs of strain.
In The Collateral Project, veteran derivatives trader Vincent B. Lanci traces the evolution of th...