

Economist Michael Hudson on decline of dollar, sanctions war, imperialism, financial parasitism
May 9, 2022
Economist Michael Hudson discusses the decline of the US dollar, sanctions war with Russia, free-trade imperialism, and financial parasitism in this intriguing episode. Topics include the impact of finance capitalism, neoliberalism, the new Cold War, resilience of the Russian Ruble, Germany's gold reserves, and the decline of US dollar hegemony.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Introduction
00:00 • 3min
The Rise of Finance Capitalism and its Impact on Industrial Capitalism
03:21 • 11min
Neoliberalism and Free Trade Imperialism
14:28 • 10min
The New Cold War: Finance vs. Industrial Economies
24:04 • 27min
Russia's Strength Amidst Financial Shock and Sanctions
50:47 • 17min
Germany's Central Bank Gold Reserves and the Question of Repayment
01:08:09 • 4min
The Decline of US Dollar Hegemony and the Rise of the Chinese Yuan
01:12:01 • 8min
Conclusion and Promotions
01:19:45 • 3min