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China s real plan for the dollar
(00:00) Welcome again to the econoclass. I'm Janis Varoufakis and I'm Wolfgang Munchau. Today we're going to be discussing China and whether it actively pursues the replacement of the American dollar with its own currency. You read the financial pres...(00:00) Welcome again to the econoclass. I'm Janis Varoufakis and I'm Wolfgang Munchau. Today we're going to be discussing China and whether it actively pursues the replacement of the American dollar with its own currency. You read the financial pres... -
U-S- economic hegemony facing REAL THREAT
(00:00) Here’s my conclusion: The primary reason America remains globally hegemonic is the dominance of the US dollar. For example, a Saudi Arabian buying goods from Germany must pay in dollars, and even a German purchasing petrol pays in dollars...(00:00) Here’s my conclusion: The primary reason America remains globally hegemonic is the dominance of the US dollar. For example, a Saudi Arabian buying goods from Germany must pay in dollars, and even a German purchasing petrol pays in dollars... -
Ask Prof Wolff The Future After De-Dollarization
**(00:05)** This is Richard Wolff from Democracy at Work, responding to another "Ask Prof Wolff" question from our Patreon community. This one comes from J. Matson, who wants us to talk about de-dollarization and, in particular, what the decline o...**(00:05)** This is Richard Wolff from Democracy at Work, responding to another "Ask Prof Wolff" question from our Patreon community. This one comes from J. Matson, who wants us to talk about de-dollarization and, in particular, what the decline o...
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