Uploaded August 2026 | Updated September 2026, 2 weeks ago
Jimmy is joined by Jeffrey Sachs who argues that the growing use of U.S. sanctions is encouraging major countries, particularly BRICS nations, to reduce their reliance on the dollar and develop alternative payment systems. Sachs says the traditional petrodollar system is only part of a broader shift away from dollar-based international trade, as countries increasingly consider local currencies and China’s CIPS system for settling transactions.
He argues that weaponizing the dollar by threatening sanctions and asset confiscation is accelerating this transition, potentially reducing foreign demand for U.S. securities and contributing to higher interest rates. The segment concludes with Sachs warning that America’s debt, deficits, military commitments, and expanding sanctions are weakening its economic position, while Jimmy characterizes the trend as “endstage empire” for the United States.
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#TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.
Jimmy is joined by Jeffrey Sachs who argues that the growing use of U.S. sanctions is encouraging major countries, particularly BRICS nations, to reduce their reliance on the dollar and develop alternative payment systems. Sachs says the traditional petrodollar system is only part of a broader shift away from dollar-based international trade, as countries increasingly consider local currencies and China’s CIPS system for settling transactions.
He argues that weaponizing the dollar by threatening sanctions and asset confiscation is accelerating this transition, potentially reducing foreign demand for U.S. securities and contributing to higher interest rates. The segment concludes with Sachs warning that America’s debt, deficits, military commitments, and expanding sanctions are weakening its economic position, while Jimmy characterizes the trend as “endstage empire” for the United States.
Visit Jeffrey Sachs’ website here: jeffsachs.org
Become a Premium Member: jimmydore.com/premium-membership
Go to a Live Show: jimmydore.com/tour
Subscribe to Our Newsletter: https://mailchi.mp/jimmydorecomedy/ytlivestreams
LIVESTREAM & LIVE SHOW ANNOUNCEMENTS:
Email: https://mailchi.mp/jimmydorecomedy/ytlivestreams
Twitter: twitter.com/jimmy_dore
Facebook: facebook.com/JimmyDoreShow
Instagram: instagram.com/thejimmydoreshow
WATCH / LISTEN FREE:
Videos: jimmydore.com
Podcasts: jimmydore.com (Also available on iTunes, Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast player.)
ACCESS TO FULL REPLAYABLE LIVESTREAMS:
Become a Premium Member: jimmydore.com/premium-membership
SUPPORT THE JIMMY DORE SHOW:
Make a Donation: jimmydore.com
Buy Official Merch (Tees, Sweatshirts, Hats, Bags): thejimmydoreshow.dashery.com
dobynsfamilycreations.com/collections/the-jimmy-dore-show-store
DOWNLOAD OUR MOBILE APP:
App Store: apps.apple.com/us/app/jimmy-dore/id839294547
Google Play: play.google.com/store/apps/details?id=com.jimmydore.jimmydore
Jimmy Dore on Twitter: twitter.com/Jimmy_Dore
Stef Zamorano on Twitter: twitter.com/miserablelib
About The Jimmy Dore Show:
#TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.
