Tag Archives: dollar

Dollar Imperialism in 2015: Warding off BRICS and Pushing the 3rd World into a Tailspin

“The dollar is our currency, but it’s your problem.” This is what US Treasury Secretary John Connally said to his counterparts in the Rome G-10 meeting in November, 1971, shortly after the Nixon administration ended the dollar’s convertibility into gold and shifted the international monetary system into a global floating exchange rate regime. The world has been suffering from this

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