NY Times is wrong on dedollarization: Economist Michael Hudson debunks Paul Krugman's dollar defense
Geopolitical Economy Report
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Misconceptions of International Finance and the Role of Governments
The speaker critiques Paul Krugman's arguments about the British economy and foreign debt, highlighting the economist's lack of understanding and deliberate ignorance. They also discuss the concept of hyperinflation and its relationship to paying foreign debts. Additionally, they mention their own books on the subject and criticize the influence of Neoconservatism on the economist's views.
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