Turbulence

Episode 42: Dollar Imperialism w/ Nathan Tankus

Turbulence

Show Notes

Nathan Tankus joins us to discuss the monetary foundations of American empire, how sanctions weaponize the global financial system, the possibility of China-led de-dollarization, and what’s really going on with the oil futures market. This is part one of a two part episode. Part two, A Financial History of Zionism, will be released later this week on our paid feed. Works mentioned: A Spectrum Approach to Monetary Sovereignty and our Dollar World; Did the United States Really Invade Iraq Because it Started Pricing Oil in Euros?; Chasing China: Learning to Play by Beijing’s Global Lending Rules; The Oil Market is a Conventional Wisdom Processor; Super Imperialism: The Economic Strategy of American Empire; The General Theory of Employment, Interest, and Money. Nathan Tankus is a writer, researcher, and president of the publication Notes on the Crises. He is the author of the forthcoming book The Trump-Musk Payments Crisis: A 250-Year History, under contract with Viking Press. He is also the editor of We, Traitors: Bundist Writings on Zionism, Palestine, and Socialism, forthcoming from Haymarket. Nathan has created a 70% off annual subscription discount for Turbulence listeners! Access here: https://www.crisesnotes.com/turbulence. You can find Nathan on Bluesky or on Instagram. To support Palestinians in Gaza, consider donating through The Sameer Project. We’re committed to independence and will never run ads or take money from institutions. That means Turbulence is entirely listener-funded. For $5 a month, paid subscribers gain access to weekly news analysis bonus episodes, where we respond to events as they unfold, follow up on previous discussions, and draw connections across the conflicts shaping our world. Most importantly, paid subscriptions make it possible for us to keep doing this work independently, week after week. Subscribe today at turbulencepod.substack.com Follow along on Twitter/X and Instagram @turbulence_pod Theme: Eye for an Eye, Haram (2017) Art: Vivek Venkatraman

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