As the economy has grown, the real economy has become ever more financialized. Today financialization is an important part of modern financial markets and the economy. There is a great debate on whether financialization is a net positive or a net negative for society.
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In order to understand money and finance, one needs to look at the monetary and financial system through a macro lens. But is our monetary system even a system? And what players are truly decisive? What is the dollar shortage and what does the eurodollar standard look like?