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The US dollar doesn’t just buy things, it buys time and power. Unfettered Speech sits down with economist Richard Wolff to unpack the real mechanics behind reserve currency status and why it has allowed the United States to run massive national debt, import oceans of goods, and finance wars without asking households to pay the full price up front.

There’s nothing automatic about an economy. All of its institutions, money, the corporation, the market, those are human institutions. They all have a history.