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US ‘neo-imperialist’ dollar scheme explained by economist Yanis Varoufakis

Summary:
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 America’s rentier economy”. Sources and more information here: https://geopoliticaleconomy.com/2023/02/03/us-imperialism-dollar-hegemony-yanis-varoufakis German lawmaker condemns ‘US-led proxy war against Russia’ and EU’s ‘servile vassals’: https://geopoliticaleconomy.com/2023/01/28/german-lawmaker-us-proxy-war-russia-ukraine-eu Varoufakis' full speech: https://youtube.com/watch?v=6MfuGSlDRsc || Geopolitical Economy Report || Please consider supporting us at https://GeopoliticalEconomy.com/Support

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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 America’s rentier economy”.



Sources and more information here: https://geopoliticaleconomy.com/2023/02/03/us-imperialism-dollar-hegemony-yanis-varoufakis



German lawmaker condemns ‘US-led proxy war against Russia’ and EU’s ‘servile vassals’: https://geopoliticaleconomy.com/2023/01/28/german-lawmaker-us-proxy-war-russia-ukraine-eu



Varoufakis' full speech: https://youtube.com/watch?v=6MfuGSlDRsc



|| Geopolitical Economy Report ||



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Yanis Varoufakis
An accidental economist Let me begin with a confession: I am a Professor of Economics who has never really trained as an economist. But let’s take things one at a time.

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