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Currency Power

Currency Power
Author: Benjamin J. Cohen
Publisher: Princeton University Press
Total Pages: 302
Release: 2018-04-24
Genre: Business & Economics
ISBN: 0691181063

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Why the dollar will remain the world's most powerful currency Monetary rivalry is a fact of life in the world economy. Intense competition between international currencies like the US dollar, Europe's euro, and the Chinese yuan is profoundly political, going to the heart of the global balance of power. But what exactly is the relationship between currency and power, and what does it portend for the geopolitical standing of the United States, Europe, and China? Popular opinion holds that the days of the dollar, long the world’s dominant currency, are numbered. By contrast, Currency Power argues that the current monetary rivalry still greatly favors America’s greenback. Benjamin Cohen shows why neither the euro nor the yuan will supplant the dollar at the top of the global currency hierarchy. Cohen presents an innovative analysis of currency power and emphasizes the importance of separating out the various roles that international money might have. After systematically exploring the links between currency internationalization and state power, Cohen turns to the state of play among today’s top currencies. The greenback, he contends, is the "indispensable currency"—the one that the world can’t do without. Only the dollar is backed by all the economic and political resources that make a currency powerful. Meanwhile, the euro is severely handicapped by structural defects in the design of its governance mechanisms, and the yuan suffers from various practical limitations in both finance and politics. Contrary to today’s growing opinion, Currency Power demonstrates that the dollar will continue to be the leading global currency for some time to come.


Silence

Silence
Author: Maria-Luisa Achino-Loeb
Publisher: Berghahn Books
Total Pages: 168
Release: 2005-12-30
Genre: Social Science
ISBN: 1782387498

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This book is about silence and power and how they interact. It argues that only by studying how silence works-how it is implicated in the construction of meaning-can we arrive at the elusive roots of power in all its dimensions. Silence becomes the currency of power by delineating the margins or what we perceive and through a sleight of hand wherein behaviors undertaken in the service of self-interest appear instead as inevitable and devoid of human agency. The theoretical load of this argument is carried by vivid ethnographic material dealing with music, linguistic behavior, racial conflicts, work dislocations, and the construction of anthropological subjects and texts.


The Purchasing Power of Money

The Purchasing Power of Money
Author: Irving Fisher
Publisher:
Total Pages: 568
Release: 1925
Genre: Money
ISBN:

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The Global Currency Power of the US Dollar

The Global Currency Power of the US Dollar
Author: Anthony Elson
Publisher: Springer Nature
Total Pages: 205
Release: 2021-09-15
Genre: Business & Economics
ISBN: 3030835197

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This book explains how the US dollar serves as the primary reserve currency for the international financial system and assesses its prospects for the future. The book provides an analysis of the main factors that have given rise to the global currency power of the dollar and the key benefits that have accrued to both the United States and other countries from this arrangement. It then considers the growing costs that can be associated with the dollar-centered reserve system and the prospects for the medium-term in terms of its potential threats to global financial stability. In the light of these considerations, the book examines three alternative currency arrangements that could address some or all of the defects associated with the global currency power of the dollar. These include a shift to a multi-reserve currency system, an enhancement of the IMF’s role as an international lender of last resort and provider of global “safe” assets, and the introduction of central bank digital currencies. "A cogent, persuasive and timely look at the dollar's power." Kirkus Reviews


Power Currency

Power Currency
Author: James P Rogers
Publisher: Power Currency
Total Pages: 217
Release: 2010-12-15
Genre: Business & Economics
ISBN: 097985590X

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Power Currency is the money for the 21st Century. It uses the same economic system set up by our founding fathers It can: - Wipe out the national debt - Fund infrastructure projects such as high speed rail and new power grids - Increase our energy supply 10 to 100 times - Cut pollution - Get off foreign oil imports - Turn your car into a money making machine - Fund Social Security forever - Open new investment alternatives - Slay the debt dragon Power Currency is freedom.


Power Currency

Power Currency
Author: James Rogers
Publisher: James Rogers
Total Pages: 222
Release: 2010-12-15
Genre: Business & Economics
ISBN: 1644800152

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Money for the 21st Century


Divine Currency

Divine Currency
Author: Devin Singh
Publisher: Stanford University Press
Total Pages: 384
Release: 2018-04-10
Genre: Religion
ISBN: 1503605671

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This book shows how early economic ideas structured Christian thought and society, giving crucial insight into why money holds such power in the West. Examining the religious and theological sources of money's power, it shows how early Christian thinkers borrowed ancient notions of money and economic exchange from the Roman Empire as a basis for their new theological arguments. Monetary metaphors and images, including the minting of coins and debt slavery, provided frameworks for theologians to explain what happens in salvation. God became an economic administrator, for instance, and Christ functioned as a currency to purchase humanity's freedom. Such ideas, in turn, provided models for pastors and Christian emperors as they oversaw both resources and people, which led to new economic conceptions of state administration of populations and conferred a godly aura on the use of money. Divine Currency argues that this longstanding association of money with divine activity has contributed over the centuries to money's ever increasing significance, justifying various forms of politics that manage citizens along the way. Devin Singh's account sheds unexpected light on why we live in a world where nothing seems immune from the price mechanism.


The Currency of Empire

The Currency of Empire
Author: Jonathan Barth
Publisher: Cornell University Press
Total Pages: 248
Release: 2021-06-15
Genre: History
ISBN: 150175579X

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In The Currency of Empire, Jonathan Barth explores the intersection of money and power in the early years of North American history, and he shows how the control of money informed English imperial action overseas. The export-oriented mercantile economy promoted by the English Crown, Barth argues, directed the plan for colonization, the regulation of colonial commerce, and the politics of empire. The imperial project required an orderly flow of gold and silver, and thus England's colonial regime required stringent monetary regulation. As Barth shows, money was also a flash point for resistance; many colonists acutely resented their subordinate economic station, desiring for their local economies a robust, secure, and uniform money supply. This placed them immediately at odds with the mercantilist laws of the empire and precipitated an imperial crisis in the 1670s, a full century before the Declaration of Independence. The Currency of Empire examines what were a series of explosive political conflicts in the seventeenth century and demonstrates how the struggle over monetary policy prefigured the patriot reaction to the Stamp Act and so-called Intolerable Acts on the eve of American independence. Thanks to generous funding from the Arizona State University and George Mason University, the ebook editions of this book are available as Open Access (OA) volumes from Cornell Open (cornellpress.cornell.edu/cornell-open) and other Open Access repositories.


Power Currency

Power Currency
Author: Fred Lehr
Publisher: Rand-Smith LLC
Total Pages: 150
Release: 2020-10-06
Genre:
ISBN: 9781950544240

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he POWER CURRENCY concepts go beyond traditional self-help guides by first encouraging you to identify what you actually want, beyond the material things that we are programmed to crave. After that, you need to understand the value of your own personal power - your mental, emotional, and spiritual portfolio - which needs to be managed properly to grow. Then, your accumulated "power" can be spent on the important things in life. However, you have to be careful not to deplete your account because then there's nothing left for time of emergency! It's the ultimate resource for learning how to maintain effective interpersonal relationships in today's busy world and regain your own power and independence.


The Money Plot

The Money Plot
Author: Frederick Kaufman
Publisher: Other Press, LLC
Total Pages: 305
Release: 2020-11-24
Genre: Business & Economics
ISBN: 1590517180

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Half fable, half manifesto, this brilliant new take on the ancient concept of cash lays bare its unparalleled capacity to empower and enthrall us. Frederick Kaufman tackles the complex history of money, beginning with the earliest myths and wrapping up with Wall Street’s byzantine present-day doings. Along the way, he exposes a set of allegorical plots, stock characters, and stereotypical metaphors that have long been linked with money and commercial culture, from Melanesian trading rituals to the dogma of Medieval churchmen faced with global commerce, the rationales of Mercantilism and colonial expansion, and the U.S. dollar’s 1971 unpinning from gold. The Money Plot offers a tool to see through the haze of modern banking and finance, demonstrating that the standard reasons given for economic inequality—the Neoliberal gospel of market forces—are, like dollars, euros, and yuan, contingent upon structures people have designed. It shines a light on the one percent’s efforts to contain a money culture that benefits them within boundaries they themselves are increasingly setting. And Kaufman warns that if we cannot recognize what is going on, we run the risk of becoming pawns and shells ourselves, of becoming characters in someone else’s plot, of becoming other people’s money.