How Global Currencies Work

A powerful new understanding of global currency trends, including the rise of the Chinese yuanAt first glance, the history of the modern global economy seems to support the long-held view that the currency of the world's leading power invariably dominates international trade and finance. But in How Global Currencies Work, three noted economists

O noua intelegere puternica a tendintelor valutare globale, inclusiv cresterea yuanului chinez La prima vedere, istoria economiei globale moderne pare sa sustina opinia indelungata conform careia moneda puterii de frunte a lumii domina invariabil comertul si finantele internationale. Dar in modul in care functioneaza monedele globale, trei economisti au remarcat