Our Dollar, Your Problem An Insider's View of Seven Turbulen
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Engelsk
A leading economist explores the U.S. dollar’s inexorable postwar global expansion and argues that today’s outsized footprint may portend greater financial instability at home and abroad The U.S. do...
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Forlagsbeskrivelse af Our Dollar, Your Problem An Insider'S View Of Seven Turbulen af Kenneth Rogoff
A leading economist explores the U.S. dollar’s inexorable postwar global expansion and argues that today’s outsized footprint may portend greater financial instability at home and abroad The U.S. dollar has held supremacy in the global financial system for over a century, and while its era may not be over, it is fraying at both the edges and the center. Drawing in part on his own experiences, including with policymakers and world leaders, the economist Kenneth Rogoff animates the remarkable postwar run of the dollar—how it beat out the Japanese yen, the Soviet ruble, and the euro—and the challenges it faces from crypto and the Chinese yuan, the possible end of reliably low inflation and interest rates, and the fracturing of the dollar bloc. In examining how the dollar has long prevailed despite most countries’ frustrations with the system, not to mention U.S. missteps and arrogance, Rogoff shows how outsized power and exorbitant privilege can lead to greater financial instability—not just abroad but also at home.
Detaljer
Forlag
Yale University Press
ISBN
9780300275315
Sprog
Engelsk
Sider
360
Udgivelsesdato
22-04-2025
Format
Hardback
Varenr.
3288505
EAN nr.
9780300275315
Varegruppe
Management
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