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Varoufakis & Wolff: The End of the U.S. Dollar?
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Varoufakis & Wolff: The End of the U.S. Dollar?

7. June 2026

In this video, former Greek Finance Minister Yanis Varoufakis and Richard D. Wolff, Professor Emeritus of Economics at the University of Massachusetts Amherst, discuss a central question: Are we witnessing the beginning of a new crisis of the U.S. dollar?

Starting from the Petrodollar system, the Iran conflict, and growing uncertainty in financial markets, Varoufakis and Wolff analyze what happens when war, energy, Wall Street, and a crumbling empire collide.

To read the transcript of this video: Varoufakis & Wolff: The End of the U.S. Dollar?

This video was produced by DiEM25 and published on their YouTube channel on the 1st of June, 2026.


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VIDEO: Varoufakis & Wolff: The End of the U.S. Dollar?


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ABOUT YANIS VAROUFAKIS

Yanis Varoufakis is a Greek politician, professor of economic theory at the University of Athens, former finance minister of Greece and founder of the Democracy in Europe Movement 2025 (DiEM25). He is also the author of several books on the European debt crisis, financial imbalances in the world, and game theory.

ABOUT RICHARD D. WOLFF

Richard D. Wolff is the founder of Democracy at Work and host of the show Economic Update. He is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 to 2008. Earlier he taught economics at Yale University and at the City College of the City University of New York. Wolff was also a regular lecturer at the Brecht Forum in New York City. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University in New York City


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