This book explains how the US dollar serves as the primary reserve currency for the international financial system and assesses its prospects for the future. Th

A powerful new understanding of global currency trends, including the rise of the Chinese yuan At first glance, the history of the modern global economy seems t

Why the dollar will remain the world's most powerful currency Monetary rivalry is a fact of life in the world economy. Intense competition between international

Why the dollar is—and will remain—the dominant global currency The U.S. dollar's dominance seems under threat. The near collapse of the U.S. financial syste

This economic and political science work is a rigorous analysis that demonstrates that although it is a privilege and a benefit for the US to have its currency,