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Description
Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary SystemRecent events in the US high unemployment, record federal deficits, and unprecedented financial distress have raised serious doubts about the future of the dollar. So profound has been the impact that some say the dollar may soon cease to be the world's standard currency. Is the situation that bad? In Exorbitant Privilege, one of our foremost experts on the international financial system argues that while the dollar is bound to lose its singular
Recent events in the US--high unemployment, record federal deficits, and unprecedented financial distress--have raised serious doubts about the future of the dollar. So profound has been the impact that some say the dollar may soon cease to be the world's standard currency. Is the situation that bad? In Exorbitant Privilege, one of our foremost experts on the international financial system argues that while the dollar is bound to lose its singular status to newcomers like the Euro and the Chinese Renminbi, the coming changes will be neither sudden nor dire. Barry Eichengreen puts today's crisis in historical context, revealing that only after World War II, with Europe and Japan in ruins, did the dollar become the world's monetary lingua franca--the reserve currency of the world's banks and the kind of cash accepted virtually everywhere. Now, with the rise of China, India, Brazil and other emerging economies, America no longer towers over the global economy like before. And the U.S. itself faces very serious economic and financial challenges as it contemplates its medium-term future. But despite this, Eichengreen concludes, predictions of the dollar's demise are greatly exaggerated. The paperback edition features a new afterword that takes the story up through 2012.Binding Type: Paperback
Publisher: Oxford University Press, USA
Published: 09/01/2012
ISBN: 9780199931095
Pages: 226
Weight: 0.70lbs
Size: 9.10h x 6.00w x 0.70d
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4.7 ★★★★★
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Product Reviews
★★★★★ 5
Perfect
Color: Bronze
This is a great little ring & bracelet holder, exactly what I was looking for; elegant, small, and very VERY useful!!
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Reviewed in the United States on January 8, 2025
★★★★★ 5
Cute earring tree
Color: Silver
Got all my earrings out of a bowl! Easy to put together and seems sturdy.
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Reviewed in the United States on January 18, 2025
★★★★★ 5
Love my new jewelry tree
Color: Silver, Color: Silver
Love this tree to organize my jewelry. Easy to assemble and plenty of space for earrings and rings
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Reviewed in the United States on January 28, 2026
★★★★★ 5
Easy assembly
Color: Silver
Super easy assembly, one screw in tree trunk is unscrewed to place bowl and tree together - Phillips screwdriver needed. I bought the silver ring holder which perfectly suits my personality and decorative style. Can't tell you how wonderful it feels to finally have all of my rings off of my desk and stored in an easy to find place! Space saving is high on my list because I currently live in a 28' camper, so do not have my larger jewelry boxes in here with me. It only arrived today (7/28/2019) so this is with only a single days use, but am very pleased with the purchase and value for the ring holder - I was specifically looking for an inexpensive metal ring tree versus a plastic one.
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Reviewed in the United States on July 28, 2019
★★★★★ 5
Great way to display my favorite hand-made pendants
Color: Gold, Color: Gold
I make jewelry. I get attached to certain pendants. But I can't wear them all! So THIS! I can have it on my desk and have all my favorite Shaman Styled Stones with me :-D
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Reviewed in the United States on February 9, 2026