Petrodollar Gangsterism (w/Richard Wolff)
April 7, 2026
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19:21Now PlayingPetrodollar Gangsterism (w/Richard Wolff)
YouTube Description
as posted by the channelIn my recent conversation with economist Richard Wolff, he traced the arc of American fiscal supremacy, from the “petrodollar” arrangement that locked the world into dollar dependency to the slow unraveling now being accelerated by China’s rise, Iran’s leverage over the Strait of Hormuz, and the fundamental logic of capitalism itself.
This topic is becoming more timely and important than ever as the battle intensifies for control of the strait of Hormuz. For that reason, I’m excerpting that portion of our conversation and republishing it on a stand-alone basis.
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