Greenback Planet: How the Dollar Conquered the World and Threatened Civilization as We Know It (Discovering America) Book PDF, ePub eBook

Join our eBook service for unlimited books & audiobooks. Get a free 7 day subscription! ↓↓↓↓↓


Book Descriptions:

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.

Greenback Planet: How the Dollar Conquered the World and Threatened Civilization as We Know It (Discovering America) by H. W. Brands

From reader reviews:

Marilyn Daniels:

The ability that you get from Greenback Planet: How the Dollar Conquered the World and Threatened Civilization as We Know It (Discovering America) may be the more deep you looking the information that hide inside the words the more you get enthusiastic about reading it. It does not mean that this book is hard to be aware of but Greenback Planet: How the Dollar Conquered the World and Threatened Civilization as We Know It (Discovering America) giving you buzz feeling of reading. The article author conveys their point in selected way that can be understood through anyone who read the idea because the author of this book is well-known enough. This book also makes your personal vocabulary increase well. It is therefore easy to understand then can go along with you, both in printed or e-book style are available. We propose you for having this kind of Greenback Planet: How the Dollar Conquered the World and Threatened Civilization as We Know It (Discovering America) instantly.

Lisa McCann:

The reason? Because this Greenback Planet: How the Dollar Conquered the World and Threatened Civilization as We Know It (Discovering America) is an unordinary book that the inside of the reserve waiting for you to snap the item but latter it will surprise you with the secret the item inside. Reading this book next to it was fantastic author who write the book in such amazing way makes the content inside easier to understand, entertaining method but still convey the meaning thoroughly. So , it is good for you for not hesitating having this nowadays or you going to regret it. This unique book will give you a lot of gains than the other book get such as help improving your expertise and your critical thinking method. So , still want to postpone having that book? If I had been you I will go to the publication store hurriedly.

Toby Terry:

Reading a book to become new life style in this year; every people loves to go through a book. When you read a book you can get a great deal of benefit. When you read textbooks, you can improve your knowledge, due to the fact book has a lot of information into it. The information that you will get depend on what forms of book that you have read. If you need to get information about your research, you can read education books, but if you act like you want to entertain yourself you are able to a fiction books, this kind of us novel, comics, and soon. The Greenback Planet: How the Dollar Conquered the World and Threatened Civilization as We Know It (Discovering America) provide you with a new experience in studying a book.

Robert Nguyen:

Do you like reading a guide? Confuse to looking for your preferred book? Or your book had been rare? Why so many concern for the book? But almost any people feel that they enjoy intended for reading. Some people likes looking at, not only science book but in addition novel and Greenback Planet: How the Dollar Conquered the World and Threatened Civilization as We Know It (Discovering America) or maybe others sources were given know-how for you. After you know how the fantastic a book, you feel desire to read more and more. Science reserve was created for teacher or perhaps students especially. Those books are helping them to include their knowledge. In various other case, beside science e-book, any other book likes Greenback Planet: How the Dollar Conquered the World and Threatened Civilization as We Know It (Discovering America) to make your spare time much more colorful. Many types of book like this one.