Monetary rivalry is a fact of life in the world economy. Intense competition between international currencies like the … US dollar, Europe's euro, and the Chinese yuan is profoundly political, going to the heart of the global balance of power …. But what exactly is the relationship between currency and power, and what does it portend for the geopolitical standing of …

. Currency Competition Today -- 7. The Dollar: Power Undiminished -- 8. The Euro: Power Unrealized -- 9. The Yuan: Power …'s greenback. Benjamin Cohen shows why neither the euro nor the yuan will supplant the dollar at the top of the global currency … "indispensable currency"-the one that the world can't do without. Only the dollar is backed by all the economic and political …