headerdesktop transportgratuit30octo25

MAI SUNT 00:00:00:00

MAI SUNT

X

headermobile autorulluniinov25

MAI SUNT 00:00:00:00

MAI SUNT

X

The Dollar Fault Line: How America's Currency Became the World's Single Point of Failure

De (autor): Josh Luberisse

The Dollar Fault Line: How America's Currency Became the World's Single Point of Failure - Josh Luberisse

The Dollar Fault Line: How America's Currency Became the World's Single Point of Failure

De (autor): Josh Luberisse

Every twenty-four hours, more than five trillion dollars in global payments-from oil shipments and commodity trades to sovereign debt coupons-must touch a handful of clearinghouses in lower Manhattan. This invisible plumbing, the legacy of Bretton Woods and the petrodollar accord, is the foundation of the modern world economy. But what appears to be a system of elegant efficiency hides a catastrophic vulnerability: the entire architecture of global commerce flows through a single, narrow American vein. In The Dollar Fault Line, financial analyst Josh Luberisse delivers a bracing and meticulously researched warning that the world is not merely dollar-centric; it is dollar-dependent. This dependency has created a single point of failure that exposes every nation to the whims of Federal Reserve policy, the shocks of Wall Street risk appetite, and the turmoil of American domestic politics. The next great financial rupture, he argues, will not be an American export alone but a global self-inflicted wound. Luberisse takes readers deep inside the system's plumbing, from the real-time ledgers of Fedwire and CHIPS to the off-balance-sheet alchemy of FX swaps and repos that create trillions in "synthetic dollars" beyond regulatory radar. He reveals how this centralized architecture grants Washington extraordinary geopolitical leverage-turning sanctions into a financial chokehold -while simultaneously forcing the Federal Reserve to act as the reluctant offshore lender of last resort to the entire planet. But this elegant design is deceptively brittle. The Dollar Fault Line demonstrates how new, non-market catalysts like climate-driven insurance losses, cyber-attacks on payment rails, and legislative gridlock over the U.S. debt ceiling can trigger liquidity cascades at lightning speed. A political showdown on Capitol Hill or a ransomware attack in New Jersey is no longer a local event; it is an instant global margin call. Tracing the urgent, yet fledgling, search for redundancy-from China's renminbi rails and Europe's digital euro to multilateral CBDC projects like mBridge -Luberisse maps the immense "transitional pain" and political hurdles that stand in the way of a safer, multipolar system. Authoritative, urgent, and unmissable, The Dollar Fault Line is the definitive account of the dollar's precarious dominance. It reveals a system whose unrivaled influence is now matched only by its unavoidable exposure, leaving readers with the unsettling recognition that the wo
Citeste mai mult

-10%

transport gratuit

PRP: 495.92 Lei

!

Acesta este Pretul Recomandat de Producator. Pretul de vanzare al produsului este afisat mai jos.

446.33Lei

446.33Lei

495.92 Lei

Primesti 446 puncte

Important icon msg

Primesti puncte de fidelitate dupa fiecare comanda! 100 puncte de fidelitate reprezinta 1 leu. Foloseste-le la viitoarele achizitii!

Indisponibil

Descrierea produsului

Every twenty-four hours, more than five trillion dollars in global payments-from oil shipments and commodity trades to sovereign debt coupons-must touch a handful of clearinghouses in lower Manhattan. This invisible plumbing, the legacy of Bretton Woods and the petrodollar accord, is the foundation of the modern world economy. But what appears to be a system of elegant efficiency hides a catastrophic vulnerability: the entire architecture of global commerce flows through a single, narrow American vein. In The Dollar Fault Line, financial analyst Josh Luberisse delivers a bracing and meticulously researched warning that the world is not merely dollar-centric; it is dollar-dependent. This dependency has created a single point of failure that exposes every nation to the whims of Federal Reserve policy, the shocks of Wall Street risk appetite, and the turmoil of American domestic politics. The next great financial rupture, he argues, will not be an American export alone but a global self-inflicted wound. Luberisse takes readers deep inside the system's plumbing, from the real-time ledgers of Fedwire and CHIPS to the off-balance-sheet alchemy of FX swaps and repos that create trillions in "synthetic dollars" beyond regulatory radar. He reveals how this centralized architecture grants Washington extraordinary geopolitical leverage-turning sanctions into a financial chokehold -while simultaneously forcing the Federal Reserve to act as the reluctant offshore lender of last resort to the entire planet. But this elegant design is deceptively brittle. The Dollar Fault Line demonstrates how new, non-market catalysts like climate-driven insurance losses, cyber-attacks on payment rails, and legislative gridlock over the U.S. debt ceiling can trigger liquidity cascades at lightning speed. A political showdown on Capitol Hill or a ransomware attack in New Jersey is no longer a local event; it is an instant global margin call. Tracing the urgent, yet fledgling, search for redundancy-from China's renminbi rails and Europe's digital euro to multilateral CBDC projects like mBridge -Luberisse maps the immense "transitional pain" and political hurdles that stand in the way of a safer, multipolar system. Authoritative, urgent, and unmissable, The Dollar Fault Line is the definitive account of the dollar's precarious dominance. It reveals a system whose unrivaled influence is now matched only by its unavoidable exposure, leaving readers with the unsettling recognition that the wo
Citeste mai mult

S-ar putea sa-ti placa si

De acelasi autor

Parerea ta e inspiratie pentru comunitatea Libris!

Istoricul tau de navigare

Acum se comanda

Noi suntem despre carti, si la fel este si

Newsletter-ul nostru.

Aboneaza-te la vestile literare si primesti un cupon de -10% pentru viitoarea ta comanda!

*Reducerea aplicata prin cupon nu se cumuleaza, ci se aplica reducerea cea mai mare.

Ma abonez image one
Ma abonez image one
Accessibility Logo