{"id":40728,"date":"2025-09-24T15:57:16","date_gmt":"2025-09-24T15:57:16","guid":{"rendered":"https:\/\/eces.org.eg\/?p=40728"},"modified":"2025-09-24T16:20:48","modified_gmt":"2025-09-24T16:20:48","slug":"our-dollar-your-problem","status":"publish","type":"post","link":"https:\/\/eces.org.eg\/en\/our-dollar-your-problem\/","title":{"rendered":"Our Dollar, Your Problem"},"content":{"rendered":"\n<p><strong>Overview:<br><\/strong>A leading economist explores the global rise of the U.S. dollar and shows why its future stability is far from assured<\/p>\n\n\n\n<p>Our Dollar, Your Problem argues that America\u2019s currency might not have reached today\u2019s 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\u2014how it beat out the Japanese yen, the Soviet ruble, and the euro\u2014and 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\u2019s outsized power and exorbitant privilege can spur financial instability\u2014not just abroad but also at home.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Overview:A leading economist explores the global rise of the U.S. dollar and shows why its future stability is far from assured Our Dollar, Your Problem argues that America\u2019s currency might not have reached today\u2019s lofty pinnacle without a certain amount of good luck. Drawing in part on his own experiences, including with policymakers and world [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":40731,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70],"tags":[],"class_list":["post-40728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-selected-books"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Our Dollar, Your Problem - ECES<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eces.org.eg\/en\/our-dollar-your-problem\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Our Dollar, Your Problem - ECES\" \/>\n<meta property=\"og:description\" content=\"Overview:A leading economist explores the global rise of the U.S. dollar and shows why its future stability is far from assured Our Dollar, Your Problem argues that America\u2019s currency might not have reached today\u2019s lofty pinnacle without a certain amount of good luck. 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