Biography of the Dollar: How the Mighty Buck Conquered the World and Why It's Under Siege

Wall Street Journal reporter Craig Karmin traces how the U.S. dollar became the world's dominant reserve and trading currency, held by central banks and used in transactions that never touch American soil. He follows the currency's role in globalization and examines the pressures that threaten its standing: heavy American borrowing and deficits, competition from the euro and China's growing economic weight. Karmin presents the dollar's decline as part of a long currency cycle, while arguing that its dominance is unlikely to vanish quickly.

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Tim Ferriss: “@joerogan Re: Bitcoin -- Definitely worth a closer look. Endlessly fascinating. "The Biography of a Dollar" by Karmin also a great read.”