NY Times is wrong on dedollarization: Economist Michael Hudson debunks Paul Krugman's dollar defense
Geopolitical Economy Report
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Analyzing Krugman's Arguments on the Power of the Dollar
This chapter analyzes the arguments made by Paul Krugman about the power of the dollar, challenging his claim and discussing reasons why countries like Venezuela, Russia, and China are moving away from it. The chapter also highlights the New York Times' lack of coverage on these movements and concludes with appreciation for economist Michael Hudson and his works.
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