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King Dollar: The Past and Future of the World's Dominant Currency

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An award-winning economic journalist on why the US dollar is positioned to maintain global primacy—and what that means for America and the world

“Magisterial.”—Edward Chancellor, Reuters


Prophecies that the dollar will lose its status as the world’s dominant currency have echoed for decades—and are increasing in volume. Cryptocurrency enthusiasts claim that Bitcoin or other blockchain-based monetary units will replace the dollar. Foreign policy hawks warn that China’s renminbi poses a let...