US ‘Neo-Imperialist’ Dollar Scheme Explained by Economist Yanis Varoufakis
SHORT VIDEO CLIPS, 20 Feb 2023
Geopolitical Economy - TRANSCEND Media Service
Greece’s former Finance Minister Yanis Varoufakis explains the US system of “neo-imperialism” based on the dollar, an “IOU issued by the hegemon”, which finances a huge trade deficit by letting foreign capitalists “extract colossal surplus value from their workers and then stash it away in US’s rentier economy”. Sources and more information here: https://geopoliticaleconomy.com/2023/…
httpv://www.youtube.com/watch?v=yohXMsuxzDA
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This article originally appeared on Transcend Media Service (TMS) on 20 Feb 2023.
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