Category Archives: Currencies

Yanis Varoufakis: Crypto’s Role in Trump’s Economic Masterplan (With Special Emphasis on Stablecoins)

Might there be more method in Trump’s crypto and dollar madness than most assume?

US Secondary Sanctions “Have Seriously Damaged” Russia-China Bilateral Cooperation

Russian experts say US secondary sanctions are damaging Russia-China commerce. But their solutions don’t seem to be close to implementation.

Charles Kindleberger, the Dollar System, and Financial Crises

On Perry Mehrling’s Money and Empire: Charles P. Kindleberger and the Dollar System, including how some of his key ideas have been borne out.

Global Value Chains in a World of Uncertainty and Automation

Global supply chain expansion slowed to crawl speed after the 2008 crisis. But that did not translate into much reshoring.

Trump’s Shock Doctrine: Uncertainty and the Repudiation of Contracts

How Trump’s economic revolution and the uncertainty it is creating are already wreaking havoc.

James K. Galbraith Discusses His New Book, Entropy Economics, Plus DOGE, Bitcoin and Tariffs

A wide-ranging talk with Jamie Galbraith on his book, Entropy Economics, which focuses on the neglect of real resources, and recent events.

Michael Hudson: Trump’s Tariffs Could Cause Huge Global Crisis

Michael Hudson and Ben Norton take a deep dive into Trump’s contradictory and potentially disastrous economic plans, starting with tariffs.

Should the Government Be Allowed to Hold Bitcoin?

A terse debunking of the idea that governments holding Bitcoin or other private currencies is good for anyone other than their touts.

Michael Hudson: Trump’s Balance-of-Payments War on Mexico, and the Whole World

Why US trade and economic threats against Mexico could trigger a financial/currency crisis that may propagate across the Global South

How ‘Dupes’, Fast Fashion and China’s Economic Slowdown Spell Disaster for the Luxury Sector

The luxury goods market is in bad shape, an indicator of how the moderately well off and “aspirational” shoppers are under income stress.

How Trump 2.0 Could Herald a New Age of Authoritarian Capitalism

To discuss: “Trump’s weaponisation of US power poses a threat to peace, prosperity and the planet.”

mBridge, a Bank of International Settlements Project Hyped by BRICS Fans as a Way to Evade Sanctions, Shut Down

Our debunking the hype of the purported BRICS payment potential of a BIS project, mBridge, has proven to be true, and then some.

U.S. Sanctions on China’s Oil Firms Are Just the Beginning Under Trump

A discussion of some moves Trump is expected to take to try to contain China, starting with energy and avoiding use of the dollar.

Wanting More for BRICS Than BRICS Wants for Itself

More realistic takes on BRICS, including by Michael Hudson.

Weaponizing the US Dollar. Can It Work?

Michael Hudson refines and extends recent discussions on the future of the dollar, particularly under Trump, and finance-dominated capitalism