• Hegemony of the Dollar: Causes and Consequences

  • Feb 10 2023
  • Length: 4 mins
  • Podcast
Hegemony of the Dollar: Causes and Consequences By cover art

Hegemony of the Dollar: Causes and Consequences

Listen for free

View show details

  • Summary

  • For writeup, see: http://bit.ly/AZUSD - This podcast explain the origin of dollar based trading system in Bretton Woods. The Nixon Shock of 1971 delinked dollars from gold, and led to the Petro-dollar system which continues to this day. This gives massive advantage to the USA, allowing it to spend more on military then the next ten countries combined. For various reasons, US hegemony is crumbling and the search is on for alternatives. Very likely, a multi-polar currency will emerge, where European Union, BRICS, and perhaps others will create alternatives to the Dollar
    Show more Show less
Show more Show less

What listeners say about Hegemony of the Dollar: Causes and Consequences

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available