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Exorbitantprivilege unpicks the liquidity links of central banks, the dollar, international equities, bonds, commodities and currencies, plus a few other related themes - such as regulation. It showcases the pet rants of Meyrick Chapman, principal of Hedge Analytics Ltd.

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Global dollar: reserves, finance, consumption and donuts.


Investment industry professional with 40 years of experience focussed on macro-investing.