This https://www.aljazeera.com/amp/economy/2026/4/8/in-strait-of-hormuz-iran-and-china-take-aim-at-us-dollar-hegemony is a move fit for the polycrisis! and this (quote below) is why I trust the multipolar (egalitarian) system can succeed, not why it has mountains to climb:

"Unlike the dollar, the yuan is not freely convertible due to Beijing’s strict capital controls, meaning that businesses and institutions cannot exchange it for other currencies or move it across borders at will."

#geopolitics #economics #anarchism #democracy #postcapitalism #InternationalMonetaryPolicy

In Strait of Hormuz, Iran and China take aim at US dollar hegemony

Tehran and Beijing both stand to gain from boosting status of the Chinese yuan.

Al Jazeera

I think it is time I just PM the people who boost or like posts I've made about international monetary policy and/or the FOSS movement to connect via Signal or Matrix and become proper friends, because I think I struggle to have or enjoy relationships and interactions in which the importance of those topics is not a given starting point now.

#TheReslShow #FOSS #InternationalMonetaryPolicy #ActuallyAutistic

If only Yanis Varoufakis had published The Global Minotaur a few years earlier, David Graeber would have read it, and everyone at Occupy Wall Street would have known exactly what we were protesting for: an egalitarian transnatonal public clearing union with Global Surplus Recycling Mechanisms.

#InternationalMonetaryPolicy #geopolitics #revolution #democracy #antifascism #occupy #democracy #economics #politics

John Perkins, author of Confessions of an Economic Hitman, has a little contact form on his website mediated by goddamn Squarespace. But I still used it to write to him to ask, "Don't you think the obvious thing is for the left to unite internationally and leverage mass labor and economic power to insist on the institution of a real Global Surplus Recycling Mechanism at the IMF and World Bank now, like John Keynes originally proposed at Bretton Woods?"

Quickly, and apparently without much thought, he replied that the IMF and World Bank were dictatorial and not worth our focus in confronting the rise of fascism. BUT THE POINT IS THAT WE USE THE ONLY LEVERAGE WE HAVE AS THE POOR AND WORKING CLASS MASSES TO DEMAND A TRANSFORMATION OF THE TOP DICTATORSHIP SO THAT THERE IS NO LONGER A TOP DICTATORSHIP, AND INSTEAD, A FUNCTIONAL, TRANSPARENT, PUBLIC UNION OF EQUALS THANKS TO FAIR, EGALITARIAN SURPLUS REGULTION, WHICH HAS STILL NOT BEEN TRIED.

DOES NO ONE UNDERSTAND ME?!

#economics #InternationalMonetaryPolicy #politics #geopolitics #peace #FuckWar #justice #EconomicJustice #anarchism #activism #SystemsThinking #ClimateCrisis