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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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4.0 ★★★★★
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Product Reviews
★★★★★ 5
I liked it
Very firm to be placed on counter top. Baskets have enough space to store onions, fruits etc. Fair price as well.
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Reviewed in the United States on June 18, 2024
★★★★★ 5
Basket
This is so cute and it comes in handy for me. Would purchase another one.
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Reviewed in the United States on December 20, 2024
★★★★★ 3
Better Have Counter Space
Purchased with the idea to reduce counter clutter and have central location of fruits and vegetables.
The idea behind the stacking basket bins is fine, but with limited counter space, it just seems to add to the clutter. I am also only able to use the bottom plate and one basket as stacking height would extend high enough to block cabinet doors. Good idea, but not for those with limited counter space and or lower cabinet clearance. Check measurements and counter space.
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Reviewed in the United States on August 17, 2023
★★★★★ 5
Excellent product
I was looking for onion and potato storage and I am very happy to find this. Even though item made with plastic material, it is very sturdy and easy to assemble. I store 3 bags of onions( costco bags) and a potato bag. I have very small and narrow space for onions and potato storage, and this stackable baskets are perfect .
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Reviewed in the United States on October 19, 2021
★★★★★ 5
very happy with my purchase
Color: Brown-F, Color: Brown-F
The quality and craftsmanship of this tray are amazing! I bought it mainly for jewelry photography, and the results turned out even better than I expected ✨
The matte finish is exactly what I needed because it doesn’t reflect light, which makes photographing jewelry and pearls so much easier and gives the photos a much more elevated look 📸
I took these photos at night under white lighting, and I’m honestly so happy with how they turned out. The background looks clean, soft, and aesthetic. Sharing some of my photos here for reference — highly recommend!
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Reviewed in the United States on May 16, 2026