Who Benefits From the Dollar’s Dominance?
The US dollar is used by governments and investors around the world for trade and as a safe asset. Jacobin asked economist Mona Ali if Donald Trump’s tariffs are destroying trust in the currency and w...
An illuminating and incisive interview with @mona-ali.bsky.social on dollar dominance.
“The dollar is perhaps the preeminent source of US hegemony. Like dark matter in the physical universe, dollar balance sheets are largely invisible to the public eye. They exist mainly in private hands.”
13.07.2025 15:19 — 👍 8 🔁 2 💬 0 📌 1
The U.S. leaving the IMF would be the biggest world historical opportunity for global development in decades. CC/ @mona-ali.bsky.social @kpatricio.bsky.social @cashman.bsky.social @laramerling.bsky.social
20.04.2025 18:23 — 👍 71 🔁 17 💬 3 📌 1
And I love you too. xxx
23.03.2025 01:59 — 👍 1 🔁 0 💬 1 📌 0
Regime Change? | Mona Ali
On the evolution of dollar hierarchy from Bretton Woods I to the present, and the weaponization of the world dollar.
@phenomenalworld.bsky.social still very actual this from @mona-ali.bsky.social re-echo De Cecco analysis on sterling power (no it was not the gold standard) and fall of status as global currency. www.phenomenalworld.org/analysis/reg...
25.02.2025 16:23 — 👍 9 🔁 2 💬 0 📌 0
full moon at dusk above gyeonbokgung palace gate in Seoul
Full moon, Seoul late afternoon, happy impeachment day everyone
14.12.2024 10:19 — 👍 179 🔁 14 💬 0 📌 1
Vista above the traffic jam
10.12.2024 03:54 — 👍 2 🔁 0 💬 0 📌 0
I love how giggly this conversation amongst cosmologists is: on Newton’s legacy, sheets in spacetime, wormholes and other excitements of the universe.
26.11.2024 21:21 — 👍 9 🔁 0 💬 0 📌 0
Downward Mobilisation
Private investment cannot and should not drive decarbonisation. It's obvious: we need the state.
"To argue that scarcity in public financial capacity justifies and demands a reliance on private finance is deeply irresponsible."
Recommended read to make sense of COP29 - @advaitarun.bsky.social for @the-breakdown.bsky.social on "mobilising private finance"
www.break-down.org/post/downwar...
25.11.2024 13:28 — 👍 90 🔁 37 💬 2 📌 4
Nile River delta at night | NASA
24.11.2024 04:37 — 👍 946 🔁 67 💬 12 📌 1
Du Bois wrapped/serpentine bar chart seemed apt for this one.
Code: observablehq.com/d/a207f5c57a...
24.11.2024 01:28 — 👍 97 🔁 32 💬 1 📌 5
Saturn captured by NASA’s Cassini spacecraft
19.11.2024 11:48 — 👍 5636 🔁 427 💬 86 📌 32
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A self-taught software engineer (my next job was in fact cyber 🩰) l relocated to Brussels 🇬🇧🇪🇺 and between changing nappies, not learning French, being woken up at strange hours, l spend time learning about heterodox economics. The usual caveats apply
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Heterodox economist. Capitalism, central banking, Pakistan, Post Keynesianism, universities, Elden Ring, Dark Souls.
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