The rise of US dollar imperialism, and why it failed - with Radhika Desai & Michael Hudson
Geopolitical Economy Report
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The Importance of Primary Commodities and the Concept of Bank Call
This chapter explores the significance of primary commodities and their prices in an economy. It introduces the concept of bank call issued by the international clearing union for central banks to settle imbalances, highlighting the necessity of capital controls for effective economic management.
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