Our Dollar, Your Problem: An Insider's View of Seven Turbulent Decades of Global Finance, and the Road Ahead - Couverture rigide

Rogoff, Kenneth

Couverture rigide

ISBN 10 : 0300275315 ISBN 13 : 9780300275315

Editeur : Yale University Press, 2025

Synopsis

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.

A propos du livre

À propos de l?auteur

Kenneth Rogoff is Maurits C. Boas Professor of Economics at Harvard University and former International Monetary Fund chief economist. One of the world’s foremost observers on the global economy, he is coauthor of the New York Times bestselling This Time Is Different.

Détails de l'édition

• Éditeur: Yale University Press
• Date d'édition: 2025
• ISBN 10: 0300275315
• ISBN 13: 9780300275315
• Reliure: Relié
• Langue: anglais
• Numéro d'édition: 1
• Nombre de pages: 360
• Coordonnées du fabricant: non disponible