Re: [A-List] Rep Ron Paul (R-TX) Speech: The End of Dollar Hegemony

[Gary Santos <garysantos@xxxxxxxxxxxx>]

I would like to add that Prof. Michael Hudson, Univ of MI, who wrote a paper
in the circa 1971/1972 on post 1971 US balance of payments should be
credited with the concept of dollar hegemony. My understanding is that the
paper is available in the NYU Business library. The term he prefers for the
phenomenon is the "US Treasury Bill Standard" (as in monetary standard). He
followed up with a book, Super Imperialsim, published in 1972 which,
two/three years ago, is on its second edition.

http://michael-hudson.com/

----- Original Message -----
From: "Henry C.K. Liu" <hliu@xxxxxxxxxxxxxx>
To: "The A-List" <a-list@xxxxxxxxxxxxxxxxxxx>
Sent: Saturday, February 18, 2006 11:55 PM
Subject: Re: [A-List] Rep Ron Paul (R-TX) Speech: The End of Dollar Hegemony


> When I first used the term on several discussion lists, I was rebuffed
> by many American economists as being anti-US. I officially coined the
> term "dollar hegemony" in 2002 on the Internet with an article: US
> Dollar Hegemony has got to go.
>  http://www.atimes.com/global-econ/DD11Dj01.html
>
> The term now is widely used and its gratifying to see that it has
> finally made it onto the floor of Congress.
>
> Henry C.K. Liu