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Geopolitical Economy Hour

The Reality Of Bidenomics: How Good Was Biden For The Economy?

February 28, 2024 Radhika Desai and Michael Hudson, Geopolitical Economy. , , , , ,
2024 is being billed as the greatest election year in history. More than 50 countries are going to the polls, that’s 7 out of its 10 most populous countries, with a combined population of 4.2 billion, that is more than half the world’s 8 billion population. Among these, for good or ill, one might add, the US election will be the most consequential, deciding life and death questions such as how much war the world will witness, how well its economy will do. This is not because the US is a force for peace and development. On the contrary, it’s been weighing down on the prospects of peace and development for decades.

The Rise Of US Dollar Imperialism, And Why It Failed

February 28, 2023 Radhika Desai and Michael Hudson, Geopolitical Economy. , , , ,
Today we are continuing our discussion of de-dollarization. As many of you know we have structured our discussion around some ten questions, and last time we dealt with the first five. What is money? What is the relation between money and debt? Is money a commodity? What is the theory of how the dollar serves as world money? And then because this theory so much relies on the sterling system we discussed the sterling system. What is it? What was this real basis not gold but actually empire etcetera. And then we decided that in this show we will discuss the next five questions which are, how did the sterling system end? What really happened between the world wars?

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