Saker interview with Michael Hudson on Venezuela, February 7, 2019
I am deeply grateful to Michael for his replies which, I hope, will contribute to a honest and objective understanding of what really is taking place in Venezuela.
Trade, Develpoment and Foreign Debt, describes the German reparations problem and how its hyperinflation was solved by the Rentenmark.
low price in three months. “The market” will realize that with low-priced gold being sold, there’s no point in buying more gold and bidding its price up. So the forward-settlement market shapes today’s market.
Super Imperialism: The Economic Strategy of American Empire (1972), updated in German as Finanzimperium(2017).