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Our Dollar, Your Problem

An Insider's View of Seven Turbulent Decades of Global Finance, and the Road Ahead

ebook
1 of 1 copy available
1 of 1 copy available
A leading economist explores the global rise of the U.S. dollar and shows why its future stability is far from assured
Our Dollar, Your Problem argues that America’s currency might not have reached today’s lofty pinnacle without a certain amount of good luck. Drawing in part on his own experiences, including with policymakers and world leaders, 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 today from crypto and the Chinese yuan, the end of reliably low inflation and interest rates, political instability, and the fracturing of the dollar bloc. Americans cannot take for granted that the Pax Dollar era will last indefinitely, not only because many countries are deeply frustrated with the system, but also because overconfidence and arrogance can lead to unforced errors. Rogoff shows how America’s outsized power and exorbitant privilege can spur financial instability—not just abroad but also at home.
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    The publisher provides the following statement about the accessibility of the EPUB file supplied to OverDrive. Experiences may vary across reading systems. After borrowing the book, you may download the EPUB files to read in another reading system.

    Summary

    A Complex book with some images, This title is defined with accessible structural markup. This book contains various accessibility features such as alternative text for images, table of content, page-list, landmark, reading order, Structural Navigation and semantic structure. This publication conforms to WCAG 2.2 Level AA. There is a page list and embedded page-breaks within this EPUB to aid in the ability to go to a specific page.

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    • The publication contains a conformance statement that it meets the EPUB Accessibility and WCAG 2 Level AA standard.

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  • English

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