The Rise and Fall of US Dollar Supremacy & How Sanctions Backfire w/ Prabhat Patnaik

Access the entire interview on Patreon: https://www.patreon.com/posts/full-audio-rise-84975377 The power of the dollar sustains U.S. imperialism. But rising multipolarity, an overuse of U.S. sanctions, the rise of alternative trading arrangements that sidestep the dollar, and a very obvious crisis of western capitalism have led to panic about a decline in dollar hegemony. What gives the dollar so much power in the first place? What would a world without dollar hegemony look like? What would ...