Strong Towns: A Bottom-Up Revolution to Rebuild American Prosperity
by Charles L. Marohn, Jr. · 24 Sep 2019 · 242pp · 71,943 words
not only the sole economic superpower that wasn’t devastated by war; the biggest players in the world were indebted to us. We held the global reserve currency, we had the greatest amount of easily accessible oil and coal resources, and we had a generation of motivated young people culturally unified by shared
The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis
by Tim Lee, Jamie Lee and Kevin Coldiron · 13 Dec 2019 · 241pp · 81,805 words
. One conclusion is that the greater liquidity and breadth of financial instruments in the US markets, as well as the dollar’s role as the global reserve currency, has placed the US markets, and specifically the S&P 500 index, at the center of the global carry trade. A further purpose of the
Paper Promises
by Philip Coggan · 1 Dec 2011 · 376pp · 109,092 words
. The initial performance of the euro on the currency markets did not inspire that much confidence either. Far from challenging the dollar as the new global reserve currency, the euro steadily lost value, dropping from around $1.18 as an initial value in 1999 to be worth just 82 cents in October 2000
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to be. OPTIONS FOR CHANGE So how might the system change? Much of the discussion concerns whether the US dollar will be replaced as the global reserve currency by the Chinese renminbi, or whether it will simply be one of a range of reserve currencies including the euro, renminbi and yen. The
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global reserve currency is the currency that forms the biggest proportion of the holdings of central banks. More broadly, however, it is also the one most likely to
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ensure the safety of China’s dollar assets. International supervision over the issue of US dollars should be introduced and a new, stable and secured global reserve currency may also be an option to avert a catastrophe caused by any single country.’ Despite the rhetoric, an outright Chinese abandonment of the dollar is
The Euro and the Battle of Ideas
by Markus K. Brunnermeier, Harold James and Jean-Pierre Landau · 3 Aug 2016 · 586pp · 160,321 words
adjustment in the existing international monetary system. In France, by contrast, there was a long-standing suspicion of the US role as issuer of the global reserve currency (that went back to General de Gaulle’s famous criticism of the US dollar). Consequently, French leaders wished that Europe could create a currency that
Crisis Economics: A Crash Course in the Future of Finance
by Nouriel Roubini and Stephen Mihm · 10 May 2010 · 491pp · 131,769 words
crisis—be resolved in an orderly or a disorderly way? Could the U.S. dollar crash, and if so, what would replace it as a global reserve currency? What role can a reformed IMF play in reducing global monetary distortions and financial crises? And should the IMF become a true international lender of
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ruins. The United States was the world’s biggest creditor and net lender by running current account surpluses, and the dollar had just become the global reserve currency. Little wonder it was able to pay down its debt with ease. Whether the same can happen today is another question. Much of the country
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, had been “far-sighted,” and the SDR might be a way of resurrecting his ideas. For now, the idea of turning the SDR into a global reserve currency remains fanciful. A significant number of private and public parties would have to use it as a unit of account, and so far there’s
The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order
by Benn Steil · 14 May 2013 · 710pp · 164,527 words
’s bancor.37 Xinhua, after blasting the United States for its “debt addiction” in 2011, repeated Zhou’s call for a “new, stable, and secured global reserve currency.”38 China, though a huge creditor of the United States, is, unlike the United States in the 1940s, in no position to orchestrate a Bretton
Financial Market Meltdown: Everything You Need to Know to Understand and Survive the Global Credit Crisis
by Kevin Mellyn · 30 Sep 2009 · 225pp · 11,355 words
back together. Keynes had the plan, and the United States had the money. The big idea was to turn the U.S. dollar into the global reserve currency, meaning the money that all central banks paid each other in to settle the ‘‘balance of payments’’ mismatches that always arose from cross-border trade
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and investment. Under the old gold standard, the global reserve currency was the British Pound but only because it was fully convertible to gold at a fixed rate. The new Bretton Woods system pegged each country
Crashed: How a Decade of Financial Crises Changed the World
by Adam Tooze · 31 Jul 2018 · 1,066pp · 273,703 words
in 1944. It was thanks to America’s overweening power at the end of World War II that the dollar had been established as the global reserve currency. Ever since, America had been free to spend at will while accumulating huge deficits. To ensure true stability, as John Maynard Keynes had argued for
The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy
by Stephanie Kelton · 8 Jun 2020 · 338pp · 104,684 words
whether MMT applies to countries outside the United States. It does! Even though the US dollar is considered special because of its status as the global reserve currency, lots of other countries have the power to make their monetary systems work for their people. So, if you’re reading this book outside the
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a powerful position compared to the rest of the world—for both good and ill. Thanks to the US dollar’s unique role as a global reserve currency, Uncle Sam never has to borrow in anything but his own currency (and he doesn’t even have to do that!). This gives the US
The Road to Ruin: The Global Elites' Secret Plan for the Next Financial Crisis
by James Rickards · 15 Nov 2016 · 354pp · 105,322 words
economic conundrum was posed by Belgian economist Robert Triffin in testimony to the U.S. Congress in 1960. Triffin observed that the issuer of a global reserve currency had to run persistent deficits to supply the world with sufficient reserves for normal trade. Yet a nation that runs deficits long enough goes broke
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currency collapse that moved in what seemed slow motion was the fall of sterling and the rise of the U.S. dollar as the dominant global reserve currency. Ratification of the Final Act of the Bretton Woods conference on December 27, 1945, is seen as a convenient date to mark the moment the
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. P. Morgan, than with intrinsic strength. Scholar Barry Eichengreen brilliantly laid out this transition and the seesaw struggle between the dollar and sterling for the global reserve currency crown in the interwar years in his book Golden Fetters. Sterling lost reserve status de facto in 1914, yet the world did not see the
Red Flags: Why Xi's China Is in Jeopardy
by George Magnus · 10 Sep 2018 · 371pp · 98,534 words
The Currency Cold War: Cash and Cryptography, Hash Rates and Hegemony
by David G. W. Birch · 14 Apr 2020 · 247pp · 60,543 words
Number Go Up: Inside Crypto's Wild Rise and Staggering Fall
by Zeke Faux · 11 Sep 2023 · 385pp · 106,848 words
What's Next?: Unconventional Wisdom on the Future of the World Economy
by David Hale and Lyric Hughes Hale · 23 May 2011 · 397pp · 112,034 words
Stolen: How to Save the World From Financialisation
by Grace Blakeley · 9 Sep 2019 · 263pp · 80,594 words
The End of the Free Market: Who Wins the War Between States and Corporations?
by Ian Bremmer · 12 May 2010 · 247pp · 68,918 words
The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance
by Eswar S. Prasad · 27 Sep 2021 · 661pp · 185,701 words
How the City Really Works: The Definitive Guide to Money and Investing in London's Square Mile
by Alexander Davidson · 1 Apr 2008 · 368pp · 32,950 words
Keeping at It: The Quest for Sound Money and Good Government
by Paul Volcker and Christine Harper · 30 Oct 2018 · 363pp · 98,024 words
The Future Is Asian
by Parag Khanna · 5 Feb 2019 · 496pp · 131,938 words
Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets
by Brett Scott · 4 Jul 2022 · 308pp · 85,850 words
The Shifts and the Shocks: What We've Learned--And Have Still to Learn--From the Financial Crisis
by Martin Wolf · 24 Nov 2015 · 524pp · 143,993 words
Extreme Money: Masters of the Universe and the Cult of Risk
by Satyajit Das · 14 Oct 2011 · 741pp · 179,454 words
Expected Returns: An Investor's Guide to Harvesting Market Rewards
by Antti Ilmanen · 4 Apr 2011 · 1,088pp · 228,743 words
The Death of Money: The Coming Collapse of the International Monetary System
by James Rickards · 7 Apr 2014 · 466pp · 127,728 words
The Age of Stagnation: Why Perpetual Growth Is Unattainable and the Global Economy Is in Peril
by Satyajit Das · 9 Feb 2016 · 327pp · 90,542 words
The Bitcoin Standard: The Decentralized Alternative to Central Banking
by Saifedean Ammous · 23 Mar 2018 · 571pp · 106,255 words
The Pay Off: How Changing the Way We Pay Changes Everything
by Gottfried Leibbrandt and Natasha de Teran · 14 Jul 2021 · 326pp · 91,532 words
Where Does Money Come From?: A Guide to the UK Monetary & Banking System
by Josh Ryan-Collins, Tony Greenham, Richard Werner and Andrew Jackson · 14 Apr 2012
The Price of Time: The Real Story of Interest
by Edward Chancellor · 15 Aug 2022 · 829pp · 187,394 words
Mastering Blockchain: Unlocking the Power of Cryptocurrencies and Smart Contracts
by Lorne Lantz and Daniel Cawrey · 8 Dec 2020 · 434pp · 77,974 words
Chokepoints: American Power in the Age of Economic Warfare
by Edward Fishman · 25 Feb 2025 · 884pp · 221,861 words
Cryptoeconomics: Fundamental Principles of Bitcoin
by Eric Voskuil, James Chiang and Amir Taaki · 28 Feb 2020 · 365pp · 56,751 words
Austerity: The History of a Dangerous Idea
by Mark Blyth · 24 Apr 2013 · 576pp · 105,655 words
A Brief History of Neoliberalism
by David Harvey · 2 Jan 1995 · 318pp · 85,824 words
Inflated: How Money and Debt Built the American Dream
by R. Christopher Whalen · 7 Dec 2010 · 488pp · 144,145 words
Currency Wars: The Making of the Next Gobal Crisis
by James Rickards · 10 Nov 2011 · 381pp · 101,559 words
When China Rules the World: The End of the Western World and the Rise of the Middle Kingdom
by Martin Jacques · 12 Nov 2009 · 859pp · 204,092 words
Paper Money Collapse: The Folly of Elastic Money and the Coming Monetary Breakdown
by Detlev S. Schlichter · 21 Sep 2011 · 310pp · 90,817 words
Broken Markets: A User's Guide to the Post-Finance Economy
by Kevin Mellyn · 18 Jun 2012 · 183pp · 17,571 words
The Default Line: The Inside Story of People, Banks and Entire Nations on the Edge
by Faisal Islam · 28 Aug 2013 · 475pp · 155,554 words
The Future of Money
by Bernard Lietaer · 28 Apr 2013
Making Globalization Work
by Joseph E. Stiglitz · 16 Sep 2006
The Lords of Easy Money: How the Federal Reserve Broke the American Economy
by Christopher Leonard · 11 Jan 2022 · 416pp · 124,469 words
Second World: Empires and Influence in the New Global Order
by Parag Khanna · 4 Mar 2008 · 537pp · 158,544 words
The Mysterious Mr. Nakamoto: A Fifteen-Year Quest to Unmask the Secret Genius Behind Crypto
by Benjamin Wallace · 18 Mar 2025 · 431pp · 116,274 words
How Will Capitalism End?
by Wolfgang Streeck · 8 Nov 2016 · 424pp · 115,035 words
The Post-American World: Release 2.0
by Fareed Zakaria · 1 Jan 2008 · 344pp · 93,858 words
The Enigma of Capital: And the Crises of Capitalism
by David Harvey · 1 Jan 2010 · 369pp · 94,588 words
Zero-Sum Future: American Power in an Age of Anxiety
by Gideon Rachman · 1 Feb 2011 · 391pp · 102,301 words
How to Speak Money: What the Money People Say--And What It Really Means
by John Lanchester · 5 Oct 2014 · 261pp · 86,905 words
MegaThreats: Ten Dangerous Trends That Imperil Our Future, and How to Survive Them
by Nouriel Roubini · 17 Oct 2022 · 328pp · 96,678 words
The Long Game: China's Grand Strategy to Displace American Order
by Rush Doshi · 24 Jun 2021 · 816pp · 191,889 words
The History of Money
by David McWilliams · 330pp · 110,174 words
Seventeen Contradictions and the End of Capitalism
by David Harvey · 3 Apr 2014 · 464pp · 116,945 words
Why Europe Will Run the 21st Century
by Mark Leonard · 4 Sep 2000 · 131pp · 41,052 words
The Asylum: The Renegades Who Hijacked the World's Oil Market
by Leah McGrath Goodman · 15 Feb 2011 · 553pp · 168,111 words
Shocks, Crises, and False Alarms: How to Assess True Macroeconomic Risk
by Philipp Carlsson-Szlezak and Paul Swartz · 8 Jul 2024 · 259pp · 89,637 words
A World in Disarray: American Foreign Policy and the Crisis of the Old Order
by Richard Haass · 10 Jan 2017 · 286pp · 82,970 words
Money in the Metaverse: Digital Assets, Online Identities, Spatial Computing and Why Virtual Worlds Mean Real Business
by David G. W. Birch and Victoria Richardson · 28 Apr 2024 · 249pp · 74,201 words
The Dream of Europe: Travels in the Twenty-First Century
by Geert Mak · 27 Oct 2021 · 722pp · 223,701 words
The War on Normal People: The Truth About America's Disappearing Jobs and Why Universal Basic Income Is Our Future
by Andrew Yang · 2 Apr 2018 · 300pp · 76,638 words
Ten Lessons for a Post-Pandemic World
by Fareed Zakaria · 5 Oct 2020 · 289pp · 86,165 words
The Economic Consequences of Mr Trump: What the Trade War Means for the World
by Philip Coggan · 1 Jul 2025 · 96pp · 36,083 words
Vulture Capitalism: Corporate Crimes, Backdoor Bailouts, and the Death of Freedom
by Grace Blakeley · 11 Mar 2024 · 371pp · 137,268 words
Understanding Power
by Noam Chomsky · 26 Jul 2010
Shadows of Empire: The Anglosphere in British Politics
by Michael Kenny and Nick Pearce · 5 Jun 2018 · 215pp · 64,460 words
The Left Case Against the EU
by Costas Lapavitsas · 17 Dec 2018 · 221pp · 46,396 words
The Code of Capital: How the Law Creates Wealth and Inequality
by Katharina Pistor · 27 May 2019 · 316pp · 117,228 words
The Party: The Secret World of China's Communist Rulers
by Richard McGregor · 8 Jun 2010
The Anarchy: The Relentless Rise of the East India Company
by William Dalrymple · 9 Sep 2019 · 812pp · 205,147 words
Likewar: The Weaponization of Social Media
by Peter Warren Singer and Emerson T. Brooking · 15 Mar 2018
Ghost Fleet: A Novel of the Next World War
by P. W. Singer and August Cole · 28 Jun 2015 · 537pp · 149,628 words
Born in Flames
by Bench Ansfield · 15 Aug 2025 · 366pp · 138,787 words
Big Business: A Love Letter to an American Anti-Hero
by Tyler Cowen · 8 Apr 2019 · 297pp · 84,009 words
The Internet of Money
by Andreas M. Antonopoulos · 28 Aug 2016 · 200pp · 47,378 words
Modern China: A Very Short Introduction
by Rana Mitter · 25 Feb 2016 · 193pp · 46,052 words
Empty Planet: The Shock of Global Population Decline
by Darrell Bricker and John Ibbitson · 5 Feb 2019 · 280pp · 83,299 words
Tory Nation: The Dark Legacy of the World's Most Successful Political Party
by Samuel Earle · 3 May 2023 · 245pp · 88,158 words