US 'neo-imperialist' dollar scheme explained by economist Yanis Varoufakis

Greece’s former Finance Minister Yanis Varoufakis explains the US system of “neo-imperialism” based on the dollar, an “IOU issued by the hegemon”, which finances a huge trade deficit by letting foreign capitalists “extract colossal surplus value from their workers and then stash it away in America’s rentier economy”. VIDEO: https://youtube.com/watch?v=yohXMsuxzDA Sources and more information here: https://geopoliticaleconomy.com/2023/02/03/us-imperialism-dollar-hegemony-yanis-varoufakis German lawmaker condemns ‘US-led proxy war against Russia’ and EU’s ‘servile vassals’: https://geopoliticaleconomy.com/2023/01/28/german-lawmaker-us-proxy-war-russia-ukraine-eu Varoufakis' full speech: https://youtube.com/watch?v=6MfuGSlDRsc