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King Dollar: The Past and Future of the World's Dominant Currency [Kietas viršelis]

4.18/5 (113 ratings by Goodreads)
  • Formatas: Hardback, 320 pages, aukštis x plotis: 235x156 mm, 2 b-w illus.
  • Išleidimo metai: 18-Mar-2025
  • Leidėjas: Yale University Press
  • ISBN-10: 0300270968
  • ISBN-13: 9780300270969
Kitos knygos pagal šią temą:
King Dollar: The Past and Future of the World's Dominant CurrencyDidesnis paveikslėlis
  • Formatas: Hardback, 320 pages, aukštis x plotis: 235x156 mm, 2 b-w illus.
  • Išleidimo metai: 18-Mar-2025
  • Leidėjas: Yale University Press
  • ISBN-10: 0300270968
  • ISBN-13: 9780300270969
Kitos knygos pagal šią temą:
Pastovi nuoroda: https://www.kriso.lt/db/9780300270969.html
Raktažodžiai:
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.

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

Recenzijos

[ An] excellent book, by one of the worlds leading economic journalists and authors.Martin Wolf, Financial Times, Best Summer Books of Summer 2025: Economics

[ A] fast-moving narrative.James Grant, Wall Street Journal

An engaging account.Max Harris, Financial Times

[ Blustein] writes clearly and vividly on important issues that many might find esoteric, perhaps boring. If you are still unconvinced about the dollar remaining king, read this.Stephen Grenville, The Interpreter

Magisterial.Edward Chancellor, Reuters

Highly readable. . . . [ Blustein] brings a seasoned reporters sensibility to the subject.Maurice Obstfeld, Project Syndicate

Featured in Le Grand Continents Summer Reading List, 2025

Impressively ambitious . . . extensive and highly instructive.Ian Harwood, Society for Professional Economists

Scholarly and readable.Edward Chancellor, Times Literary Supplement

Few people write about international economic issues more clearly and entertainingly than Paul Blustein. In King Dollar he applies those skills to dismantling the ever-recurring arguments that the status of the dollar as the worlds preeminent currency is under threat.Liaquat Ahamed, Pulitzer Prizewinning author of Lords of Finance

Economics may be the dismal science, but nobody told Paul Blustein. He has given us a lively and authoritative account of why the international dominance of the dollar could continue.James M. Boughton, author of Harry White and the American Creed: How a Federal Bureaucrat Created the Modern Global Economy (and Failed to Get the Credit)

A must read for anyone worried about the future of the dollar in a world split by geopolitical rivalries and rapid innovations in currencies and payments systems.Kristin Forbes, professor, MIT Sloan School of Management

In this sizzling account of why the dollar has survived, Paul Blustein spins a tale that reaches from nineteenth-century bank porters to the volatile Obama-Trump-Biden years. Blustein is the unrivaled master of making banking and money compelling, clear, and lively.Roger Lowenstein, author of Ways and Means: Lincoln and His Cabinet and the Financing of the Civil War

Paul Blustein is the author of several critically acclaimed books about global economic affairs. A graduate of the University of Wisconsin and Oxford University, where he was a Rhodes Scholar, he spent much of his career as a reporter at the Washington Post and Wall Street Journal. He lives in Kamakura, Japan.