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1. Introduction : the euro challenge seen from emerging markets -- 2. Reframing the euro vs. dollar debate -- 3. The … material limits of the euro challenge to the dollar -- 4. The alternative of the euro and the negotiated status of the dollar … -- 5. The euro's ideational challenge to the unipolarity of the dollar -- 6. The Eurozone's monetary power in reforming the …
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The U.S. dollar exchange rate clears the global market for dollar-denominated safe assets. We find that shifts in the demand and supply of safe dollar assets are important drivers of variation in the dollar exchange rate, bond yields, and other global financial variables. An increase in the...
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What is money really worth any more? This compelling study outlines the rise of 'fiat' money and its associated economic implications. The author provides enough circumstantial evidence to claim a secret War on Gold since the London Gold Pool of the 1960s, highlighting gold's traditional role as...
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