The Decline of the dollar
Author : États-Unis. Senate. Subcommittee on foreign economic policy
Publisher :
Page : 301 pages
File Size : 15,47 MB
Release : 1978
Category :
ISBN :
The Dollar Trap
Author : Eswar S. Prasad
Publisher : Princeton University Press
Page : 438 pages
File Size : 17,41 MB
Release : 2015-08-25
Category : Business & Economics
ISBN : 0691168520
Book Description
Why the dollar is—and will remain—the dominant global currency 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. Eswar Prasad examines how the dollar came to have a central role in the world economy and demonstrates that it will remain the cornerstone of global finance for the foreseeable future. Marshaling a range of arguments and data, and drawing on the latest research, Prasad shows why it will be difficult to dislodge the dollar-centric system. With vast amounts of foreign financial capital locked up in dollar assets, including U.S. government securities, other countries now have a strong incentive to prevent a dollar crash. Prasad takes the reader through key contemporary issues in international finance—including the growing economic influence of emerging markets, the currency wars, the complexities of the China-U.S. relationship, and the role of institutions like the International Monetary Fund—and offers new ideas for fixing the flawed monetary system. Readers are also given a rare look into some of the intrigue and backdoor scheming in the corridors of international finance. The Dollar Trap offers a panoramic analysis of the fragile state of global finance and makes a compelling case that, despite all its flaws, the dollar will remain the ultimate safe-haven currency.
The Little Book of the Shrinking Dollar
Author : Addison Wiggin
Publisher : John Wiley & Sons
Page : 256 pages
File Size : 15,51 MB
Release : 2012-04-11
Category : Business & Economics
ISBN : 1118283171
Book Description
With the weakening dollar a hot topic for retirees, savers, and investors, this Little Book delves into the economic turmoil in the U.S. and shows how to survive it The United States dollar is losing value at an alarming rate. According to the Organisation for Economic Co-operation and Development (OECD) index, the U.S. currency is 37 percent below fair value against the Australian dollar and 20 percent versus the Canadian dollar. The decline of the U.S. dollar is one of the biggest threats facing American investors today, but with the Little Book of the Shrinking Dollar: What You Can do to Protect Your Money Now in hand, you have the knowledge and the expertise you need to fight back. Written by New York Times bestselling author Addison Wiggin, a leading economic forecaster, the book explores the reasons for the dollar's decline, and its precarious relationship to other currencies around the world. Filled with invaluable strategies for retirees, savers, and investors who want to keep their money safe no matter what lies ahead, the book is your one-stop guide to weathering the storm. Covers strategies for safeguarding your wealth, including safer havens for money, alternative investments, and other opportunities Written by Addison Wiggin, a three-time New York Times bestselling author and leading economic forecaster Wiggin's predictions about the decline of the dollar have proven true time and again, making him the right man for the job when it comes to predicting what lies ahead The U.S. dollar is no longer the secure and stable currency that most Americans grew up believing in. Even after recent gains, the dollar remains weak. But with the Little Book of the Shrinking Dollar you have a concise guide to what's driving its demise and everything you need to protect your money today and in the years to come.
The Decline and Fall of the U.S. Dollar
Author : Frank S. Arko
Publisher :
Page : 72 pages
File Size : 32,78 MB
Release : 1969
Category : Currency question
ISBN :
Book Description
The Future of the Dollar
Author : Eric Helleiner
Publisher : Cornell University Press
Page : 272 pages
File Size : 29,4 MB
Release : 2012-08-17
Category : Political Science
ISBN : 0801458730
Book Description
For half a century, the United States has garnered substantial political and economic benefits as a result of the dollar's de facto role as a global currency. In recent years, however, the dollar's preponderant position in world markets has come under challenge. The dollar has been more volatile than ever against foreign currencies, and various nations have switched to non-dollar instruments in their transactions. China and the Arab Gulf states continue to hold massive amounts of U.S. government obligations, in effect subsidizing U.S. current account deficits, and those holdings are a point of potential vulnerability for American policy. What is the future of the U.S. dollar as an international currency? Will predictions of its demise end up just as inaccurate as those that have accompanied major international financial crises since the early 1970s? Analysts disagree, often profoundly, in their answers to these questions. In The Future of the Dollar, leading scholars of dollar's international role bring multidisciplinary perspectives and a range of contrasting predictions to the question of the dollar's future. This timely book provides readers with a clear sense of why such disagreements exist and it outlines a variety of future scenarios and the possible political implications for the United States and the world.
The Dollar's Decline
Author : Roberto Miguel Rodriguez
Publisher :
Page : 0 pages
File Size : 30,93 MB
Release : 2023-09-28
Category :
ISBN :
Book Description
"The Dollar's Decline" delves into the intricate relationship between the U.S. dollar, global oil transactions, and the broader health of the American economy. For decades, the dollar's status as the world's reserve currency, especially in oil trade, has been a cornerstone of its global economic influence. This comprehensive exploration examines the ramifications of a shift away from the dollar in oil transactions and what it portends for the future of U.S. economic dominance. Key aspects of the book include: Historical Context: An overview of the establishment of the U.S. dollar as the de facto currency for global oil transactions and the resulting 'petrodollar' system. Economic Pillars: Unpacking the benefits accrued by the U.S. due to the dollar's dominant position in oil trade, from lower borrowing costs to heightened geopolitical leverage. Emerging Trends: Analyzing the motivations and mechanisms through which countries are exploring alternatives to the dollar for oil trade, from bilateral agreements to the rise of other reserve currencies. Impacts on the U.S. Economy: Investigating the potential economic consequences of a diminished role for the dollar, including effects on interest rates, trade balances, and foreign investment. Global Ripple Effects: Exploring how changes in oil transaction dynamics could reverberate through global financial systems, trade alliances, and geopolitical strategies. Future Forecasting: Speculation on the potential future of the U.S. dollar, considering technological innovations, emerging economic powers, and shifts in global economic governance. Adaptive Strategies: Proposing potential policy adjustments, economic reforms, and strategic alliances the U.S. could pursue to mitigate risks and capitalize on new opportunities. "The Dollar's Decline" serves as a timely primer for understanding the evolving landscape of global economic power dynamics. Through rigorous analysis, expert insights, and a forward-looking perspective, the book provides readers with a nuanced understanding of the potential challenges and transformations on the horizon for the U.S. economy in a rapidly changing global financial ecosystem.
The Decline of the Dollar
Author : United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on Foreign Economic Policy
Publisher :
Page : 308 pages
File Size : 32,96 MB
Release : 1978
Category : Corporations, American
ISBN :
Book Description
The Decline and Fall of the Dollar
Author : Stephen Marris
Publisher :
Page : 38 pages
File Size : 46,3 MB
Release : 1985
Category : Dollar, American
ISBN :
Book Description
The Collapse of the Dollar and How to Profit from It
Author : James Turk
Publisher : Crown Currency
Page : 274 pages
File Size : 27,2 MB
Release : 2008-11-19
Category : Business & Economics
ISBN : 0307483118
Book Description
The dollar is in trouble. Its value on foreign exchange markets has been falling for the past six years, and now its gradual decline is about to become a rout. This spells big trouble for the American economy—but potential riches for smart investors. In The Collapse of the Dollar and How to Profit from It, financial gurus James Turk and John Rubino show how the dollar arrived at this precipice, why it will continue to plunge, and how you can profit from the resulting financial crisis. The United States today is the world’s biggest debtor nation. To finance this mountain of debt, we’re flooding the world with dollars. The resulting oversupply of dollars will cause its value to decline until it is displaced as the world’s dominant currency. Precious metals will soar in value, and gold will reclaim its monetary role at the center of the global financial system. James Turk, a leading gold authority and the founder of GoldMoney.com, and John Rubino, editor of the popular Web site DollarCollapse.com offer strategies for investing in gold coins, gold stocks, gold-based digital currencies, and other hard assets to create a profitable portfolio. The Collapse of the Dollar and How to Profit from It is a must read for every citizen and investor.
Dollar Collapse
Author : James Templeton
Publisher : CreateSpace
Page : 190 pages
File Size : 22,93 MB
Release : 2013-09-07
Category : Business & Economics
ISBN : 9781492365075
Book Description
The United States has enjoyed unequaled and unrivaled prosperity for decades with seemingly no end in sight. But in the fall of 2008 a curtain briefly opened during the financial crisis, and the world saw for the first time the insiders behind the Wall Street Machine: investment bankers betting the house with your money, politicians looking out after financial insiders, and an economy built on an abyss of bad debt. The 2008 financial crisis also revealed the real growth engine behind the U.S. economy. The prosperity of America over the past forty years was not built on the solid ground of production and savings, which made the U.S. dollar the world's reserve currency, but on debt, consumption, and the unprecedented expansion of credit. During this time, the United States transitioned from the world's largest creditor nation to the world's largest debtor nation. This economic anomaly of holding the world's reserve currency as the largest debtor nation has allowed the United States keep spending for imports, taxpayer benefits, bank bailouts, a series of wars, and insider payments while maintaining the illusion of wealth and prosperity. But all of that is about to change. Now, with its production base offshored and an economy dependent on debt and consumption, the U.S. is entering the early stages of an even greater financial storm. This book will show you the truth about the U.S. economy, the dollar, and how to prepare and even prosper in the coming economic collapse.
