Michael Hudson and Radhika Desai: The Rise and Failure of the US Dollar Imperialism

Barry - IMF & World Bank Economic Terrorists

Image by cool revolution via Flickr

by Michael Hudson
Writer, Dandelion Salad
February 28, 2023

Geopolitical Economy Report on Feb 24, 2023

Economists Radhika Desai and Michael Hudson explain the end of the British empire’s sterling area with the rise of the US dollar system, its central role in imperialism, and why it ultimately failed to accomplish Washington’s hegemonic goals.

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What Can Russia Do About NATO Hostility? by Finian Cunningham

No New Wars No to NATO - August 30, 2014

Image by Marienna Pope-Weidemann via Flickr

by Finian Cunningham
Writer, Dandelion Salad
Ireland
Crossposted from Sputnik, Nov. 13, 2021
November 15, 2021

The United States and its NATO allies are ratcheting up hostility towards Russia with unscheduled military drills in the Black Sea. Absurd accusations about Russia planning to invade Ukraine are also part of the provocations winding up dangerous tensions.

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Libra: Facebook’s Audacious Bid for Global Monetary Control by Ellen Brown

Facebook Libra Coin - zoom

Image by Christoph Scholz via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
June 27, 2019

Payments can happen cheaply and easily without banks or credit card companies. This has now been demonstrated – not in the United States but in China. Unlike in the US, where numerous firms feast on fees from handling and processing payments, in China most money flows through mobile phones nearly for free. In 2018 these cashless payments totaled a whopping $41.5 trillion; and 90% were through Alipay and WeChat Pay, a pair of digital ecosystems that blend social media, commerce and banking. According to a May 2018 article in Bloomberg titled “Why China’s Payment Apps Give U.S. Bankers Nightmares“:
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Chris Hedges: From the Bolivarian Revolution and Hugo Chavez to US sanctions and the Overt Attempt to Overthrow Venezuela

Will Griffin: The History of U.S. Imperialism in Venezuela + Max Blumenthal: How US trained Juan Guaido for Regime Change

Screenshot by Dandelion Salad via Flickr
Watch the video below

Dandelion Salad

with Chris Hedges

RT America on Apr 27, 2019

Chris Hedges discusses Venezuela with reporter Ben Norton, from the history of the Bolivarian Revolution and legacy of Hugo Chavez to US sanctions and the overt attempt to overthrow the leadership in Caracas.

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Michael Hudson: Deciphering Geo-Political Games

Capitalism Kills

Image by Infinite Ache via Flickr

by Michael Hudson
Writer, Dandelion Salad
October 1, 2018

“Professor Michael Hudson discusses the globalisation fallout as new trading blocs distance themselves from US dollar denominated trade. Will the US be able to maintain its imperialist tendencies in light of these trends? How much further can the rentiers push their free-for-all? The show finishes with an overview of Michael’s new book And forgive them our debts.

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Saudi Attack on Qatar; U.S. Threat to Iran by Sara Flounders

Human rights campaigners protest against Farnborough International arms fair

Image by Campaign Against Arms Trade via Flickr

Dandelion Salad

by Sara Flounders
Workers World, June 13, 2017
June 14, 2017

Two weeks after the grand pomp of President Trump’s visit, Saudi Arabia announced the complete blockade of small neighboring state Qatar on June 5. The blockade is an act of war.

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Ellen Brown: Breaking Through the Money Power

For All Debts...

Image by AK Rockefeller via Flickr

with Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
September 30, 2016

“Commercial banks create money, in the form of bank deposits, by making new loans… 97% of the [money] currently in circulation [is] created by commercial banks themselves.”

— “Money creation in the modern economy”, Quarterly Bulletin, 2014 Q1, Bank of England

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Central Bank Digital Currencies: A Revolution in Banking? by Ellen Brown

Bitcoin

Image by Tiger Pixel via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
September 16, 2016

Several central banks, including the Bank of England, the People’s Bank of China, the Bank of Canada and the Federal Reserve, are exploring the concept of issuing their own digital currencies, using the blockchain technology developed for Bitcoin. Skeptical commentators suspect that their primary goal is to eliminate cash, setting us up for negative interest rates (we pay the bank to hold our deposits rather than the reverse).

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Ellen Brown: Real Wealth – A Future We Can Bank On + Vicki Robin + Donnie Maclurcan + Helena Norberg-Hodge

Tomatoes

Image by Dandelion Salad via Flickr

Updated: June 1, 2015

with Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
May 21, 2015

The Economics of Happiness on May 21, 2015

Ellen Brown is the founder of the Public Banking Institute, and author of twelve books, including the best-selling Web of Debt. This is her plenary talk at the Economics of Happiness conference, held in Portland, Oregon in February, 2015. The conference was organized by Local Futures, a non-profit organization that has been promoting a shift from global to local for nearly 40 years. To learn more about the conference or Local Futures’ work, go to www.localfutures.org.

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The Geopolitics of World War III + Transcript + US War on ISIL: Barrel of Volatile Lies by Finian Cunningham

08 no petrodollar warfare

Image by Vertigogen via Flickr

Dandelion Salad

StormCloudsGathering on Sep 11, 2014

The real reason Russia and Syria are being targeted right now.

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Ellen Brown: From Austerity to Prosperity With Publicly Owned Banks


with Ellen Brown
Featured Writer
Dandelion Salad
webofdebt.com
May 5, 2012

May 10, 2012 by

“From Austerity to Prosperity With Publicly Owned Banks”
Ellen Brown, author of “Web of Debt”. Philadelphia, April 27, 2012

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A Debate On How To Get Out of the Euro with Marshall Auerback, Michael Hudson, William K. Black and Stephanie Kelton

with Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
April 25, 2012

Guns and Butter – | KPFA 94.1 FM

“A Debate On How To Get Out of the Euro” with Marshall Auerback, Michael Hudson, William K. Black and Stephanie Kelton in Rimini, Italy. What withdrawal from the Euro system would mean for households and businesses in Italy; how to manage savings; what would likely happen in a return to sovereign currency; how the government and National Bank of Italy could manage the change; monetary and fiscal policy; interest rates; bond markets; loss of national power due to the rules of the Stability and Growth Pact and the inability to set employment policy.

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Richard C. Cook: Creating Local Currencies and Monetary Reform

with Richard C. Cook
Featured Writer
Dandelion Salad
richardccook.com
Oct. 9, 2011

Capitalism Kills

Image by Dandelion Salad via Flickr

oneradionetwork.com
October 5, 2011

Richard C. Cook Interview, {Author of We Hold These Truths: The Hope of Monetary Reform} Oct, 2011 One Radio Network; Creating local currencies backed by labor, services .. and building local communities + The Gaia Plan, the Basic Income Guarantee and how we owe it to everyone on this planet the means to survive. Continue reading

A modest proposal for a new currency By Jerry Mazza

By Jerry Mazza
Featured Writer
Dandelion Salad
www.jerrymazza.com
crossposted at www.intrepidreport.com
June 7, 2011

Sequani_coin_5th_to_1st_century_BCE

Image via Wikipedia

The war between fiat paper money and precious metals continues as the price of gold keeps going through the roof and the US paper debt-currency submerges.

For the uninitiated, the convenience of fiat money is that you can make it out of air with transferences of numbers from the red to the black side of the accounting page, adding usurious interest if you’re the Fed. Continue reading

Libya: It’s Not About Oil, It’s About Currency and Loans By John Perkins

Dandelion Salad

By John Perkins
Information Clearing House
April 26, 2011

“WASHINGTON -(Dow Jones)- World Bank President Robert Zoellick Thursday said he hopes the institution will have a role rebuilding Libya as it emerges from current unrest.

Zoellick at a panel discussion noted the bank’s early role in the reconstruction of France, Japan and other nations after World War II.

“Reconstruction now means (Ivory Coast), it means southern Sudan, it means Liberia, it means Sri Lanka, I hope it will mean Libya,” Zoellick said.

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