Modern Monetary Theory (MMT) and the Power of the US Dollar in the World Economy, P1

by Stansfield Smith, published on the Orinoco Tribune, September 14. 2020 A primer on US Hegemony and the global economy.  Part 2 is HERE Modern Monetary Theory (MMT) has become popularized by some of the liberal-left because it offers an explanation how to achieve full employment, national health insurance, free college education, and the Green New Deal without raising taxes. Political[…]

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Why the US Can Keep Increasing its Debt and not Suffer Inflation, P2

by Stansfield Smith, published on the Orinoco Tribune, September 15, 2020 A primer on US Hegemony and the global economy.  Part 1 is HERE The US Still Dominates the World Economy The US ruling class has dominated the planet since the end of World War II. Key elements of this control include its military superiority in nuclear and conventional weapons,[…]

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The World is DeDollarizing

By Peter Koenig, published on Global Research, July 19, 2019 What if tomorrow nobody but the United States would use the US-dollar? Every country, or society would use their own currency for internal and international trade, their own economy-based, non-fiat currency. It could be traditional currencies or new government controlled crypto-currencies, but a country’s own sovereign money. No longer the[…]

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Venezuela – A Risk to Dollar Hegemony – Key Purpose Behind “Regime Change”

by Peter Koenig, Published on Countercurrents, May 9, 2019 After the new coup attempt – or propaganda coup – Venezuela lives in a state of foreign imposed insecurity. The failed coup was executed on 30 April by Juan Guaidó, the self-proclaimed and Washington-trained and endorsed “interim President”, and the opposition leader, Leopoldo López, who was hurriedly freed from house arrest[…]

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