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It’s Time To Talk About Petrodollar Flows

If you do the math there, that means that in the space of just two years, there was a ~$400 billion decline in reserve accumulation from oil exporters. That's "QT" - depending of course on what they're accumulating.

If you do the math there, that means that in the space of just two years, there was a ~$400 billion decline in reserve accumulation from oil exporters. That's "QT" - depending of course on what they're accumulating.
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