Greenback Planet Greenback Planet
Discovering America

Greenback Planet

How the Dollar Conquered the World and Threatened Civilization as We Know It

    • 11,99 €
    • 11,99 €

Beschreibung des Verlags

From the New York Times–bestselling historian and two-time Pulitzer Prize finalist, “[a] compact summation of our nation’s monetary history” (Shepherd Express).
 
The world runs on the US dollar. From Washington to Beijing, governments, businesses, and individuals rely on the dollar to conduct commerce and invest profitably and safely. But how did the greenback achieve this planetary dominance a mere century and a half after President Lincoln issued the first currency backed only by the credit—and credibility—of the federal government?
 
In Greenback Planet, acclaimed historian H. W. Brands charts the dollar’s astonishing rise to become the world’s principal currency. Telling the story with the verve of a novelist, he recounts key episodes in U.S. monetary history, from the Civil War debate over fiat money (greenbacks) to the recent worldwide financial crisis. Brands explores the dollar’s changing relations to gold and silver and to other currencies and cogently explains how America’s economic might made the dollar the fundamental standard of value in world finance. He vividly describes the 1869 Black Friday attempt to corner the gold market, banker J. P. Morgan’s bailout of the U.S. treasury, the creation of the Federal Reserve, and President Franklin Roosevelt’s handling of the bank panic of 1933. Brands shows how lessons learned (and not learned) in the Great Depression have influenced subsequent U.S. monetary policy, and how the dollar’s dominance helped transform economies in countries ranging from Germany and Japan after World War II to Russia and China today. He concludes with a sobering dissection of the 2008 world financial debacle, which exposed the power—and the enormous risks—of the dollar’s worldwide reign.

GENRE
Business und Finanzen
ERSCHIENEN
2011
1. Oktober
SPRACHE
EN
Englisch
UMFANG
147
Seiten
VERLAG
University of Texas Press
GRÖSSE
903,2
 kB

Mehr ähnliche Bücher

Inflated Inflated
2010
The Last Gold Rush…Ever!: 7 Reasons for the Runaway Gold Market and How You Can Profit from It The Last Gold Rush…Ever!: 7 Reasons for the Runaway Gold Market and How You Can Profit from It
2020
Money Money
2017
The Great Money Binge The Great Money Binge
2009
Currency Wars Currency Wars
2011
Biography of the Dollar Biography of the Dollar
2008

Mehr Bücher von H. W. Brands

Reagan Reagan
2015
The Zealot and the Emancipator The Zealot and the Emancipator
2020
Heirs of the Founders Heirs of the Founders
2018
The General vs. the President The General vs. the President
2016
Woodrow Wilson Woodrow Wilson
2003
The First American The First American
2000

Andere Bücher in dieser Reihe

Becoming Belafonte Becoming Belafonte
2014
Being Miss America Being Miss America
2014
Founding Finance Founding Finance
2012
American Christianity American Christianity
2014
A Pure Solar World A Pure Solar World
2016
Colonel Sanders and the American Dream Colonel Sanders and the American Dream
2012