Our Dollar, Your Problem

Kenneth Rogoff

An Insider's View of Seven Turbulent Decades of Global Finance, and the Road Ahead

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A leading economist explores the global rise of the U.S. dollar and shows why its future stability is far from assured Our Dollar, Your Problem argues that America’s currency might not have reached today’s lofty pinnacle without a certain amount of good luck. Drawing in part on his own experiences, including with policymakers and world leaders, Kenneth Rogoff animates the remarkable postwar run of the dollar—how it beat out the Japanese yen, the Soviet ruble, and the euro—and the challenges it faces today from crypto and the Chinese yuan, the end of reliably low inflation and interest rates, political instability, and the fracturing of the dollar bloc. Americans cannot take for granted that the Pax Dollar era will last indefinitely, not only because many countries are deeply frustrated with the system, but also because overconfidence and arrogance can lead to unforced errors. Rogoff shows how America’s outsized power and exorbitant privilege can spur financial instability—not just abroad but also at home.

Podrobnosti

Autor	Kenneth Rogoff
Vydavateľ	Yale University Press
Jazyk	anglický
Väzba	Hardback
Počet strán	360
Formát	242 x 163 x 35
Hmotnosť	576
EAN	9780300275315
Rok vydania	2025
Edícia	Ekonomika, manažment, motivácia