Welcome to SeeTheDollars
SeeTheDollars uses pictures, like the animation below, to make the economy easy to understand and fun to discuss.
Using the common language of pictures, experts and non-experts can come together to talk about the economy.
The experts bring knowledge and the non-experts bring intuition.
This picture is a visualization of the contents of the economic article
TIMELINE-Diary of a meltdown: how the Archegos Capital fire sale went down.
All reference links are on the audio transcript page.
Click sequentially, from top to bottom, on the three buttons below the Money Pump to see the story unfold.
When the dollars don't move, click on this sentence to refresh the page.
THE DISCUSSION
Money Pump
controls the flow of money
Bill Hwang
THE TIMELINE
rising stock value motivates
Hwang to keep borrowing
honest implementation
that never happened
dishonest implementation
that caused the fire sale
The Money Pump is this
Total Return Swap Agreement.
Clause 1
When the price of the stock goes up,
the Banks pay cash to Hwang.
Clause 2
When the price of the stock goes down,
Hwang pays cash to the Banks.
(same Agreement with each Bank)
EXAMPLES OF THE MAGNITUDE
OF THE FIRE SALE
Goldman Sachs: $10 billion
Morgan Stanley: $8 billion
Deutche Bank: $4 billion
SeeTheDollars is the name of a method and also the name of an application,
The method shows how to talk about the economy with pictures, like the one above - more on the MY STORY page.
The application allows anyone to make the pictures all by themselves - more on the THE APPLICATION page.
The Flying Dollars
SeeTheDollars’ contribution to the economic dialogue
Now, for the first time in recorded history, you can see with your own eyes how money moves in the economy.
From primitive to complex, all economies are setup to move money from one place to another,
but you never saw that because nobody drew a picture of it!
If you feel right now that articles or discussions about the economy “are not for you,” don’t any more.
The Flying Dollars diagrams make them to be for you.
Jump in and tell us what you think about the economy. You have a voice now.
SeeTheDollars launches a new era of the economic dialogue, when everybody can participate.
The Flying Dollars diagrams are that simple to make.
Just imagine. Budget negotiations being carried out with SeeTheDollars diagrams displayed on large monitor screens on the House floor and at the same time being posted on social media for everybody to see how Congress is proposing to spend our money. It’s enough to take your breath away.