This Edition of Super Imperialism is the finalized version of the analysis that Michael Hudson first published in the wake of President Nixon severing the dollar\'s link to gold in August 1971. overseas military spending that had pushed the balance of payments into steadily deepening deficit since the Korean War (1950-51)..
Closing the gold window had been imminent since the London Gold Pool was disbanded in 1968 in response to the U.
S.
This Edition of Super Imperialism is the finalized version of the analysis that Michael Hudson first published in the wake of President Nixon severing the dollar\'s link to gold in August 1971