Currencies After the Crash: The Uncertain Future of the Global Paper-Based
Currency System
From the brightest minds in the field - a revealing
look at how countries use their currencies to achieve prosperity . . . and the coming
repercussions Bloomberg Television's Sara Eisen sheds light on the complex global
financial system through this illuminating collection of essays. She hand selected the
creme de la creme of authors from the world's most prestigious academic institutions and
esteemed professional organizations to share - for the first time in print-their
observations and deductions on the topics that matter most to you and your future wealth,
including:
THE RELATIONSHIP BETWEEN CURRENCIES AND FINANCIAL
CRISES
THE FLAWS WITHIN THE INTERNATIONAL EXCHANGE RATE
SYSTEM AND THEIR CONSEQUENCES
List of Contributors v
Foreword: Paul O'Neill, Former U.S. Secretary of
the Treasury vii
Preface: A System on Shaky Ground Sara Eisen ix
Introduction Bretton Woods and the Emergence of the
U.S. Dollar Reserve System Sara Eisen xv
1 The Dollar Will Remain on First Gary Shilling 1
2 The World's Hegemonic Reserve Currency: The U.S.
Dollar Versus the Chinese Yuan Stephen L. Jen 73
3 The Euro: Past, Present, and Future Jörg
Asmussen 91
4 What History Tells Us About the Euro's Future
John Taylor 125
5 The Future of the Eurozone: An Amicable Divorce
Is Better than an Unhappy Marriage Megan Greene 145
6 Rebalancing Growth in China: The Role of the Yuan
in the Policy Package Anoop Singh Papa N'Diaye 161
7 Currency Wars and a Growing Role for the
International Monetary Fund James Rickards 187
8 A Role for Gold Peter Boockvar 201
9 China Robert Johnson 219
References 241
Notes 247
Index 253
256 pages, Hardback