CART

(0) items

Greenback Planet : How the Dollar Conquered the World and Threatened Civilization as We Know It,9780292723412

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

by
ISBN13:

9780292723412

ISBN10:
0292723415
Format:
Hardcover
Pub. Date:
10/1/2011
Publisher(s):
Univ of Texas Pr
List Price: $25.00

Buy Used Book

(Recommended)
In Stock Usually Ships in 24-48 Hours
U9780292723412
$16.25

Rent Book

We're Sorry
Sold Out

eBook

We're Sorry
Not Available

New Book

We're Sorry
Sold Out

More New and Used
from Private Sellers
Starting at $5.49
See Prices

Questions About This Book?

What version or edition is this?
This is the edition with a publication date of 10/1/2011.
What is included with this book?
  • The Used copy of this book is not guaranteed to inclue any supplemental materials. Typically, only the book itself is included.

Summary

The world runs on the U.S. dollar. From Washington to Beijing, governments, businesses, and individuals rely on the dollar to conduct commerce and invest profitably and safely--even after the global financial meltdown in 2008 revealed the potentially catastrophic cost of the dollar's hegemony. 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.

Author Biography

H. W. Brands is the Dickson Allen Anderson Centennial Professor of History at the University of Texas at Austin. He writes on American history and politics, with books including Traitor to His Class: The Privileged Life and Radical Presidency of Franklin Delano Roosevelt, Andrew Jackson, The Age of Gold, The First American: The Life and Times of Benjamin Franklin, and TR. Several of his books have been best sellers; Traitor to His Class and The First American were finalists for the Pulitzer Prize. Brands lectures frequently on historical and current events and appears on national and international television and radio programs.

Table of Contents

Introductionp. 1
Fiat Lucre: 1863-1907p. 4
Strong and Stronger: 1907-1928p. 25
Skulls and Bones: 1929-1944p. 42
The View from Mount Washington: 1944-1963p. 60
Floating, Floating…: 1963-1973p. 75
Petrodollars, Eurodollars and the Invincible Yen: 1973-1989p. 84
Bubble and Boil: 1990-2002p. 95
Be Nice to Your Creditors: 2003-p. 109
Notesp. 125
Acknowledgmentsp. 133
Indexp. 135
Table of Contents provided by Ingram. All Rights Reserved.


Please wait while the item is added to your cart...