Is Peter Beattie able to ignore the fact that he (from the examples he brings up) is from a probably academical leftist ”team”? That there actually eg. might be bad as well as good things connected with large immigrations? Is he(you, Peter if you read) able to distance himself from that side of the playfield?

While there are people in the world in control of large financial sums who do unsavory things, the view that money itself is an evil oppressive power over others is a very narrow pessimistic view. I know plenty of good people who worked hard at creating a vision, building a business, created awesome jobs for a lot of people, and opportunity to co-create a better world for everyone. It’s up to us as human beings to create a culture of value so we breed good stewards of opportunity and creation. Marx ideas always sound sensible on the surface, but once they are played out with real societies and individuals, it turns out we are much more complex creatures than Marxist ideologies account for. They’ve always played out very awful for every country that has gone down such path.

thank you Professor Michael Hudson for the IQ boost

You mean to say America, not China, is the master of debt trap diplomacy? Actually, people with modest intelligence already knew that, despite the massive smokescreen of anti-Chinese propaganda polluting the atmosphere. What's most interesting to contemplate is the scenario in which America's misdeeds come back to haunt 4 or 5 generations of Caucasians who thought their supremacy would last forever. We watch "the West" descend into irrelevancy. We watch western insouciance and arrogance turn into fear, uncertainty and mass incompetence.

Remlxx

This is history and economics that should be taught in schools.

37:37 This story is absolutely epic. I would love to take Amb Freeman out for a beer and hear more stories like that.

You saved my life Michael Hudson. The truth is life giving. Thank you Sir!

00:40:00 00:46:00 00:38:00

Bravo

this should be mandatory listening in any class about the history of the last century

Anu pang PAG siraninyo sa Buhay ko gagawin ninyo LAHAT masaya na kayong LAHAT sa PAG sira sa Buhay ko Anu pa papatay nalang ninyo Ako mataposna to PAG hihirap ko yon lang Ang kulang para maging masaya na kayong LAHAT sa ginawa ninyo sa buhay ko na sirang sira na sa kakahiyan

All western economists now are fools

And imagine this was before the Ukrainian SMO…..

The "Mechanics" of The U.S. going CBDC are normal. Decrease the Fiat, paper, dollar(tangible currency) Paper and CBDC in dual circulation would cause outrageous Inflation! Treasury's, such as I-Bonds have existed for decades! Banks and Investment Houses have gone Digital! The U.S. is in transition! I mean an Economic practice is shifting from Fed. Wire in the 1970-1980s to another "system" and now it's going totally digital.

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Thank God ... American hegemony is a thing of the past!

I misspoke not Soviet Union but Russia. Hope I didn't make any other I rely on the education and understanding of the reader

The United States through the dollar has extended credit two Nations and peoples that needed finance to do important projects to help their people some people do not recognize how important this is Biden included because he sucked into the Soviet Union and made everybody afraid that they might not have this finance in the future anyhow. We need to have a strong free system so that our political people don't steal all the money and put it to people that they particularly like for power. We need to continue to be there as a source of finance necessary to do what is good for all the peoples of the world with an understanding of freedom for all and free speech and the escape from slavery that some economic systems do indeed weigh too heavily but to destroy the very system p that was open-minded enough without replacing it would create something like the social system in the Soviet Union was just governed by a few rather ignorant people for as happened in Germany by greedy and sensitive people who love their pet parakeets more than people.

From my anti CCP comments on KZbin, I would never consider going to Hong Kong for fear of disappearing.

thanks again prof Hudson for great history fron WW1 and WW2 to Korea Vietnam etc. and US dollars today

JAK

This may have been the most informative hour of my entire life.

Professor Hudson👍👍👍

about stories, songs, politics, medicine, films, vocab... 👌👍

Vote Libertarian 💯 noobs 🔥🔥🔥

Prof Hudson is the real thing and is the economist that makes the most sense.

“Time” is not a one-dimensional phenomenon. In capitalism time is money. Money can tell time. Money can tell if the job you were assigned was completed. It is money that does all the talking in capitalism. What makes a diamond so valuable is time and time alone. Human labor cannot produce a diamond. Nature alone produces the ore. So it should be conceivable that the longer the time it takes to produce a product the more valuable it will be as no wine is fine without time. All other products share the same substance in varying amounts...if today’s harvest takes twice the time it took last year the more value it will contain the happier the capitalist farmer will be. Thinks of what this means... a drought interrupted and doubles the time it takes to grow the crop...this consequence makes the harvest more valuable to the farmers. Here’s another example; the longer it takes... and for as long as the equipment lasts a mining operation for gold and precious metals will be valued by how many weeks, days and hours was the extraction process going on for that metal. In a capitalist world it becomes profitable for humans to dig holes indefinitely on the earth’s surface because the longer they dig the more valuable the haul. This is strange behavior. The Egyptians, Romans, Inca, Maya, Aztec, Chinese, all spent their weeks, days, and hours building pyramids, monuments of stone, to an excess degree and we dig holes, bore, rinse dirt and leave poc marks on the Earth’s skin searching for precious metals because in money terms precious metals is an infinite stream of cash.

Mr hudson have high integrity and speaks truth

Hudson is a BEAST in the game!

The moment you flap your gums about bogus climate change shows how mentally handicapped you are. Thank you for only wasting a minute or two of my time.

it’s good 👍 if the American will unplugged every countries from the switch system 🎉 the dedollarizatiion will be faster😢it will be the end of America bullying and killing ..stupid ideas 😅😅😅😅😅

It was all conspiracy theories before to me but this... is just straight up in your face facts!❤ How do Americans feel about all this and the possibility that all that printing might actually come back to haunt you all.. hyperinflation in US iss very much possible in the near future now

the dollar ain't going nowhere : kzbin.info/www/bejne/gpq1Zmd8hbacedU

USA is like City of Qarth Game of Thrones

WW1 started because Austria invaded Serbia and was being defeated, Germany then joined Austria, and it all kicked off from there. That is an unescapable fact that Herr Hudson seems not to understand.

In 2022.02.24 Russia finished this system. 😂😂😂 forgot to mention Brettonwoods

Scary that Labor Unions were for the war

Dollar is biggest scam

Brilliant

IMF is a small office in the Pentagon basement? Could you please explain this? Not clear to me why Prof Hudson said that.

March 2023: Well there is enough countries de-dollarization and the US is now paying the consequences of suffering high inflation. Oil is now sold in Yuan, Indian Rupees . . . Lots of countries are now selling US Treasury Bonds.

Always excellent.

The wild west revived.

Capitalism versus Communism is front and center on the world stage. Empower the United Nations and the International Criminal Court. The fact of China has changed the balance of power. End the war,pardon Hunter Biden.

Seems their are market failures in media/real estate/healthcare/ education. All the things liberals want to fix.

So clearly explained!