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![RoatMichael Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1265124253562699777.png) Michael Roat [@RoatMichael](/creator/twitter/RoatMichael) on x XXX followers
Created: 2025-07-18 20:14:48 UTC

in 2007.  Off balance sheet FX swaps further amplify the rush to dollars as well highlighted by the BIS in the linked article.  



![](https://pbs.twimg.com/card_img/1946025859288113152/wM9aRKvd?format=jpg&name=800x419)

XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946302656621748245/c:line.svg)

**Related Topics**
[volatility](/topic/volatility)
[balance sheet](/topic/balance-sheet)

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