The dollar system's contradictions after de-linking from gold, with Radhika Desai & Michael Hudson
Geopolitical Economy Report
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Volcker, Reaganomics, and the Shift towards Financialization
This chapter discusses the actions taken by Volcker to combat inflation, the impacts of high interest rates on the economy, and the legacy of Reagan's policies. It also explores the Volcker shock, the third world debt crisis, and the consequences of neoliberalism on US industry.
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