Guns and Butter

Guns and Butter – February 22, 2017

A program that investigates the relationships among capitalism, militarism and politics, hosted by Bonnie Faulkner.

  • Question: he mentions the reserve currency status of the dollar as requiring all central banks to conduct business in dollars. I’d never heard this before. Haven’t there always been bilateral trade deals that didn’t involve dollars? Also it seems to me the petrodollar agreement is important in propping up demand for the dollar. Any takers out there?

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