Comments by "gerhard7" (@gerhard7323) on "NY Times is wrong on dedollarization: Economist Michael Hudson debunks Paul Krugman's dollar defense" video.

  1. Both Gadaffi and Hussein - granted not necessarily the world's most savoury human beings, but veritable angels, historically speaking, next to many of their US counterparts - are rumoured to have been taken out for daring to challenge USD hegemony and seek payment for their oil in currencies other than the Dollar.
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  2. You win the argument!! Well done you.
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  3. Nobel Prize winning Krugman produced a specious but fake argument in an attempt to justify something for the powers that be and got his usual fulsome pat on the head for his troubles basically.
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  4. The United States, more than ever, can't afford peace. Its century old or more war machine is now integral to its economic model Look what happened to the Nye Commission in the 1930s which dared to question the motivations behind Wilson's entry into WW1.
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  5. ​ @Tardrain-m4i Oh, do give over😂
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  6. Krugman is just another high priest for the neoliberal elites and thus just another shill rewarded handsomely for parroting, propagating and not deviating from their self-serving dogma.
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  7. Really? I'd like to see proof of that....
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  8. The US is, quite patently, practicing a heads we win, tails you lose model with the USD. More or less every country that needs to import any of its bare necessities - and all basic commodities are still priced in USD - needs a ready supply of USD to pay for them. Any inability, for whatever reason, to have access to those USD will result in the need for a loan. The need for a loan in a foreign currency usually comes with various conditions and costs attached effectively rendering the borrower countries' populations indentured labour to the United States . In short, this is a racket. A highly immoral racket. Little wonder that there are moves afoot to break this poisonous, vicious circle. Perhaps this is ONE good thing that might come of the Ukraine war?
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  9. Krugman, uncharacteristically, is correct in summing up of the Dollar's dominance. It is because it is. But it is because it is because, thus far, there has been no deemed to be sufficiently safe, secure and reliable alternatives... Things might be about to change on that front if the BRICS can get their act together.
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  10. Sure. Why?
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  11. Fascist. Your go.....
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  12. I strongly suspect that most of the negative comments on here come from backers of the government and financial establishment backed crypto Ponzi schemes.
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