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Re: [Pen-l] Keynsianism now the official ideology - and on a world scale



Chris Burford:
“Any takes on how varieties of Keynesianism could fit in with Chinese
geopolitical perspectives?”

GK: It was mentioned in some media (forget which one) that the Chinese and Russian governments are interested in a revised international financial order in which the US dollar is not the leading currency. That could imply an interest in the creation of a “bancor”-type world currency (Keynes, similar the “global greenbacks” by Stiglitz).

Gernot Koehler
Oakville, Canada


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