One of the many sparkling points of this article is that it shows that international currency is a CAPITALIST economic currency, not some neutral, abstract symbol system. As part of the world of finance capitalist currency, it is subject to laws of accumulation. This makes international trade uneven, bumpy and anything but a smooth seamless medium for exchanging goods and services. A history of international currency mediums in the 20th century is offered and alternatives world currencies are presented.
Read Michael Hudson
