Our Dollar, Your Problem: An Insider's View of Seven Turbulent Decades of Global Finance, and the Road Ahead
Our Dollar, Your Problem: An Insider's View of Seven Turbulent Decades of Global Finance, and the Road Ahead
KENNETH ROGOFFKENNETH S. ROGOFF
Our Dollar, Your Problem: An Insider's View of Seven Turbulent Decades of Global Finance, and the Road Ahead
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9780300275315Mladinska knjiga ID
969362Leto izida
2025Datum izida
01.04.2025Število strani
360Velikost (šxdxv)
155 × 234 × 38Status dobavljivosti
7-10 delovnih dniJezik
ANGTeža
580 gZaložnik
YALE UNIVERSITY PRESSAvtor
KENNETH S. ROGOFF, KENNETH ROGOFFOpis
A leading economist explores the global rise of the U.S. dollar and shows why its future stability is far from assured
“The central argument of Our Dollar, Your Problem—that the greenback’s pre-eminence was never guaranteed and might plausibly be overturned—could hardly be more timely.”—The Economist
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
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