King dollar the past and future of the world's dominant currency / Paul Blustein.

Author/creator Blustein, Paul
Format Electronic
Publication InfoNew Haven : Yale University Press, [2025]
Descriptionxi, 308 pages illustrations 25 cm
Supplemental ContentFull text available from eBooks on EBSCOhost
Subjects

Physical mediumillustrations
Abstract "An award-winning economic journalist on why the US dollar is positioned to maintain global primacy--and what that means for America and the world. Prophecies that the dollar will lose its status as the world's dominant currency have echoed for decades--and are increasing in volume. Cryptocurrency enthusiasts claim that Bitcoin or other blockchain-based monetary units will replace the dollar. Foreign policy hawks warn that China's renminbi poses a lethal threat to the greenback. And sound money zealots predict that mounting US debt and inflation will surely erode the dollar's value to the point of irrelevancy. Contra the doomsayers, Paul Blustein shows that the dollar's standing atop the world's currency pyramid is impregnable, barring catastrophic policy missteps by the US government. Recounting how the United States has wielded the dollar to impose devastating sanctions against adversaries, Blustein explains that although targets such as Russia have found ways to limit the damage, Washington's financial weaponry will retain potency long into the future. His message, however, is that America must not be complacent about the dollar; the great power that its supremacy confers comes with commensurate responsibility."-- Amazon.com.
Bibliography noteIncludes bibliographical references (pages 255-292) and index.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2024942615
ISBN9780300270969 hardcover : alk. paper

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