Anthony Elson Boeken

Exploring the US dollar's role as the primary reserve currency, this book analyzes the factors contributing to its dominance and the benefits it provides to both the US and other nations. It also highlights the potential costs and threats to global financial stability posed by a dollar-centric system. The author discusses three alternative currency arrangements to mitigate these issues: transitioning to a multi-reserve currency system, enhancing the IMF's role, and introducing central bank digital currencies.

Focusing on the effects of globalization, the book examines its influence on the US economy through international trade, finance, and immigration. It highlights the net benefits that the US has gained since World War II, while also addressing the significant costs faced by specific groups and communities. By evaluating income distribution impacts, it argues for increased government support for adversely affected workers and proposes essential reforms to ensure a fairer distribution of globalization's benefits.