Book
Our dollar, your problem : an insider's view of seven turbulent decades of global finance, and the road ahead / Kenneth Rogoff.
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 inter-est 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 frus-trated 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.
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.
Record details
- ISBN: 9780300275315 (hardcover)
- Physical Description: xiii, 345 pages : illustrations, maps ; 25 cm.
- Publisher: New Haven, CT : Yale University Press, [2025]
- Copyright: ©2025
Content descriptions
| Bibliography, etc. Note: | Includes bibliographical references (pages 293-331) and index. |
Search for related items by subject
| Subject: | Currency question. Dollar, American. Finance. Monetary policy. Money. United States > Economic conditions. |
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Available copies
- 1 of 1 copy available at Tsuga Consortium.
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- 0 current holds with 1 total copy.
Show Only Available Copies
| Location | Call Number / Copy Notes | Barcode | Shelving Location | Status | Due Date |
|---|---|---|---|---|---|
| Lakeshore Branch | 332.46 Rog | 31681010427508 | NONFIC | Available | - |
- Yale University
A National Bestseller â¢Â Recommended by Financial Times as âWhat to Read in 2025â
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âThe central argument of Our Dollar, Your Problemâthat the greenbackâs pre-eminence was never guaranteed and might plausibly be overturnedâcould hardly be more timely.ââThe Economist
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A leading economist explores the global rise of the U.S. dollar and shows why its future stability is far from assured
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Our Dollar, Your Problem argues that Americaâs currency might not have reached todayâs 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 dollarâhow it beat out the Japanese yen, the Soviet ruble, and the euroâand 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 Americaâs outsized power and exorbitant privilege can spur financial instabilityânot just abroad but also at home. - Yale University
A leading economist explores the U.S. dollarâs inexorable postwar global expansion and argues that todayâs outsized footprint may portend greater financial instability at home and abroad
