{"id":134193,"date":"2023-05-05T14:52:04","date_gmt":"2023-05-05T21:52:04","guid":{"rendered":"https:\/\/www.lankaweb.com\/news\/items\/?p=134193"},"modified":"2023-05-05T14:52:04","modified_gmt":"2023-05-05T21:52:04","slug":"de-dollarization-is-about-more-than-currencies","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2023\/05\/05\/de-dollarization-is-about-more-than-currencies\/","title":{"rendered":"De-Dollarization Is About More Than Currencies"},"content":{"rendered":"<h2><a title=\"Articles, Columns, and Major Blog Posts by Michael Hudson\" href=\"https:\/\/www.unz.com\/author\/michael-hudson\/\" rel=\"author\"><span style=\"color: #0000ff;\"><em>MICHAEL HUDSON<\/em><\/span><\/a><span style=\"color: #0000ff;\"><em><span class=\"datewords\">\u00a0 Courtesy The Unz Review<\/span><\/em><\/span><\/h2>\n\n\n<p><em>As dollar system declines, what comes next?<\/em><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"De-dollarization is about more than currencies: As dollar system declines, what comes next?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/0Jxl4LRpIpw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p id=\"p_1_1\"><strong>RADHIKA DESAI<\/strong>: Hi everyone, welcome to this eighth Geopolitical Economy Hour, the fortnightly show on the political and geopolitical economy of our times. I\u2019m Radhika Desai.<\/p>\n\n\n\n<p id=\"p_1_2\"><strong>MICHAEL HUDSON<\/strong>: And I\u2019m Michael Hudson.<\/p>\n\n\n\n<p id=\"p_1_3\"><strong>RADHIKA DESAI<\/strong>: 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.<\/p>\n\n\n\n<p id=\"p_1_4\">So it eventually became three programs, and even then it wasn\u2019t over. So today we are into the fourth and final program. And as you know, we\u2019ve divided our discussion into several questions.<\/p>\n\n\n\n<p id=\"p_1_5\">So Paul is behind the scenes, our videographer. So Paul will be showing the slides. So Paul, can we show the question slides&nbsp;, please?<\/p>\n\n\n\n<p id=\"p_1_6\">So as you know, there are these ten questions and we\u2019ve dealt with the first nine. And today we\u2019ll be dealing with the final question, which is: What are the dimensions of the crisis of the dollar system today?<\/p>\n\n\n\n<p id=\"p_1_7\">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?<\/p>\n\n\n\n<p id=\"p_1_8\">So that\u2019s what we are going to talk about, isn\u2019t it, Michael?<\/p>\n\n\n\n<p>Full Story<\/p>\n\n\n\n<p><a href=\"https:\/\/www.unz.com\/mhudson\/de-dollarization-is-about-more-than-currencies-as-dollar-system-declines-what-comes-next\/\">De-dollarization is about more than currencies, by Michael Hudson &#8211; The Unz Review<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MICHAEL HUDSON\u00a0 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\u2019m Radhika Desai. MICHAEL HUDSON: And I\u2019m Michael Hudson. RADHIKA DESAI: And this will be the fourth and final [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102,10],"tags":[],"class_list":["post-134193","post","type-post","status-publish","format-standard","hentry","category-economy","category-world"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/134193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=134193"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/134193\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=134193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=134193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=134193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}