Democracy At Work has the episode Economic Update: Fascism.

On this week’s show, Prof. Wolff talks about the US’ 2021 trade deficit and its implications, the FED’s inflation policy dilemma, and the political economy of the Baltimore and Bronx fires. In the second half of the show, Wolff uses the actual history of fascism in Italy, Germany and Spain to analyze the positions and prospects of fascism in the US today.

My comment to Prof. Wolff was:

If only you understood MMT. The interest rate we pay on Treasury securities is close to zero. If we didn’t pay interest, what would China do with its excess dollars?

Eventually China will de-dollarize its international trade. However, that won’t happen quickly unless we threaten them with economic sanctions. You didn’t mention that before I gave up watching this episode in disgust.