[PDF.58qe] The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance

The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance

[PDF.uv04] The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance

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 | #821791 in eBooks |  2015-08-25 |  2015-08-25 | File type: PDF

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||13 of 14 people found the following review helpful.| Thoughtful, topical, and very well-written|By Julian Berengaut|Today's headlines in the financial press are all about how minor adjustments in US monetary policy (the taper) lead to major repercussions for emerging markets all over the globe with their governments having to take unpopular measures to defend their currencies. Think about for a moment and marvel how strange it| |Winner of the 2015 Gold Medal in Economics, Axiom Business Book Awards|Honorable Mention for the 2015 PROSE Award in Business, Finance & Management, Association of American Publishers|One of Financial Times (FT.com) Best Economics Books

The U.S. dollar's dominance seems under threat. The near collapse of the U.S. financial system in 2008–2009, political paralysis that has blocked effective policymaking, and emerging competitors such as the Chinese renminbi have heightened speculation about the dollar’s looming displacement as the main reserve currency. Yet, as The Dollar Trap powerfully argues, the financial crisis, a dysfunctional international monetary system, and U.S. policies h...

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