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19min chapter
The dollar system's contradictions after de-linking from gold, with Radhika Desai & Michael Hudson
Geopolitical Economy Report
The Impact of the Dollar System and the Delinking from Gold
This chapter explores the consequences of the dollar system and the United States' decision to de-link from gold. It discusses the contradictions of the dollar system, the effects of quantitative easing, and the concept of dollarization. It also highlights the transformation of the US financial system into a non-productive system and the impact on the world economy.
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