Showing results by author "Eswar S. Prasad"
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The Dollar Trap
- How the U.S. Dollar Tightened Its Grip on Global Finance
- By: Eswar S. Prasad
- Narrated by: Dennis Holland
- Length: 12 hrs and 29 mins
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 have paradoxically strengthened the dollar’s importance.
The best currency in a shaky neighborhood
- By Philo on 10-06-14
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Regular price: $23.09