MICHAEL HUDSON  Courtesy The Unz Review

As dollar system declines, what comes next?

RADHIKA DESAI: Hi everyone, welcome to this eighth Geopolitical Economy Hour, the fortnightly show on the political and geopolitical economy of our times. I’m Radhika Desai.

MICHAEL HUDSON: And I’m Michael Hudson.

RADHIKA DESAI: And this will be the fourth and final show on de-dollarization. As you know, we initially decided to do a couple of shows on de-dollarization, but Michael and I have written lots about it, both jointly and individually. And we have lots to say.

So it eventually became three programs, and even then it wasn’t over. So today we are into the fourth and final program. And as you know, we’ve divided our discussion into several questions.

So Paul is behind the scenes, our videographer. So Paul will be showing the slides. So Paul, can we show the question slides , please?

So as you know, there are these ten questions and we’ve dealt with the first nine. And today we’ll be dealing with the final question, which is: What are the dimensions of the crisis of the dollar system today?

And of course, as the Chinese saying goes, every crisis is an opportunity. So Michael and I also want to talk very much about: What are the opportunities contained in this current crisis for a policy paradigm, which is much kinder and better for development and for the prosperity of ordinary people around the world than has been possible over the last several decades of dollar dominance?

So that’s what we are going to talk about, isn’t it, Michael?

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De-dollarization is about more than currencies, by Michael Hudson – The Unz Review