Geopolitical Economy Report The dollar system's contradictions after de-linking from gold, with Radhika Desai & Michael Hudson
45 snips
Mar 11, 2023 
Economists Radhika Desai and Michael Hudson discuss the consequences of the dollar system after de-linking from gold, including dollar hegemony, quantitative easing, and the euro. They also explore the impacts of Volcker, Reaganomics, and financialization on the US economy, as well as the effects of deindustrialization and leveraged buyouts. Additionally, they discuss the shift to finance capitalism, the 2008 crisis, and the role of the dollar system in it.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Introduction
00:00 • 5min
The Impact of the Dollar System and the Delinking from Gold
04:59 • 19min
Complex Money Flows, Borrowing, and the Dollar System
23:45 • 13min
Volcker, Reaganomics, and the Shift towards Financialization
36:57 • 7min
Parallel Forms of Deindustrialization and Financial Profit-making
44:02 • 3min
Leveraged Buyouts and Takeovers for Profit
47:13 • 3min
The Impact of Financialization on US Companies and the Economy
50:30 • 28min
The Real Estate Boom, Financial Fraud, and the 2008 Crisis
01:18:48 • 20min