Exorbitant privilege : the rise and fall of the dollar and the future of the international monetary system / Barry Eichengreen.

Format:

Book

Author/Creator:

Eichengreen, Barry J.

Language:

English

Subjects (All):

Devaluation of currency--United States--History--21st century.

Devaluation of currency.

Financial crises--United States--21st century.

Financial crises.

Money--United States--History--20th century.

Money.

United States--Economic policy--2009-.

United States.

Physical Description:

1 online resource (224 p.)

Edition:

1st ed.

Place of Publication:

Oxford ; New York, NY : Oxford University Press, 2010.

Summary:

For more than half a century, the U.S. dollar has been not just America's currency but the world's. It is used globally by importers, exporters, investors, governments and central banks alike. Nearly three-quarters of all 100 bills circulate outside the United States. The dollar holdings of the Chinese government alone come to more than 1,000 per Chinese resident. This dependence on dollars, by banks, corporations and governments around the world, is a source of strength for the United States. It is, as a critic of U.S. policies once put it, America's ""exorbitant privilege."" However, recen

Contents:

Contents; 1 Introduction; 2 Debut; 3 Dominance; 4 Rivalry; 5 Crisis; 6 Monopoly No More; 7 Dollar Crash; Notes; References; Acknowledgments; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

1-282-91772-2

9786612917721

0-19-978148-6

OCLC:

694088035