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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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★★★★★ 5
I like this company I'm happy So far
Color: Ivory White, Size: Round 48'', Color: Ivory White, Size: Round 48''
I do like their stuff I've bought a lot of stuff from them and I'm happy with the purchases I'd give them a good review I like the backs that they have the material or the silicone on some of theirs for non-slip for my Service dog As he uses all of these a lot and really loves them So definitely pet approved also I like the color and size and have had good luck with LLB
I will be ordering more I've ordered a lot already
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Reviewed in the United States on October 18, 2025
★★★★★ 1
Unfortunately I can’t recommend it.
Color: Ivory White, Size: Round 48''
I got my carpet time ago but I opened the package just 3 days ago. Unfortunately I can’t take it back anymore. I opened the bag after I had done my daughter’s bedroom with flooring and walls painted. Sadly when I opened this bag the smell was sooooo bad. The material was not soft and the color was more yellow than ivory. The quality is not good. It is thick and the value of the money was extremely expensive which makes more disappointing that I can’t take it back. Not easy to clean and the size was ok. But I can’t recommend it.
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Reviewed in the United States on September 4, 2024
★★★★★ 5
Exactly as pictured and described
Color: Taro Purple, Size: Round 48'', Color: Taro Purple, Size: Round 48''
I absolutely love this. I have it under my office chair in my home office and it is so luxurious to feel this under my feet while I'm working. It came shrinkwrapped and took a day or two to fluff back out and lose the creases. It looks great now. I didn't notice any odor when I opened it. Shipping was fast and it was very well packaged. I was very pleased with it. I would definitely buy again.
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Reviewed in the United States on November 23, 2024
★★★★★ 5
Great Quality
Color: Tan, Size: Round 48''
Very nice. Great quality.
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Reviewed in the United States on November 15, 2025
★★★★★ 5
This sheepskin rug is amazing! One of my favorite purchases!
Color: Cream Brown, Size: Round 48''
I loved the first one so much I came back and bought a larger one. The texture and the thickness are pure luxury. Well worth the money and there is no smell.
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Reviewed in the United States on February 4, 2025