Our Dollar, Your Problem

“Ken Rogoff is one of the world’s leading experts on international finance. In this book he combines his wide experience as a policymaker, academic, and observer of the global economy to provide a fascinating and accessible analysis of looming challenges to economic and financial stability.”—Ben Bernanke, former chair, Federal Reserve “Rogoff delivers a grandmaster performance, providing compelling insight into the history and future of dollar dominance.”—Magnus Carlsen “Before he became an economist, Rogoff was a chess grandmaster. Here he reveals that he has become the dismal science’s wittiest and most engaging writer.”—Niall Ferguson, author of The Ascent of Money “Rogoff brilliantly describes the dominance of the dollar across time and space, its contenders, and the limits to its immortality, weaving in his personal experiences which makes for a delightful read.”—Gita Gopinath, first deputy managing director, International Monetary Fund “Rogoff aptly demonstrates that American dollar dominance was neither inevitable nor guaranteed to continue—but rather that it depends on America not abandoning the responsibility that comes with its privileged position and getting its fiscal house in order.”—Garry Kasparov, author of Winter Is Coming   “Will the U.S. dollar maintain its dominance? With unmatched wisdom and experience, Ken Rogoff unpacks this critical question in this masterful book.”—Atif Mian, author of House of Debt   “Part magisterial analysis of global finance, part autobiography of one of the great economists of our times, Our Dollar, Your Problem is both educative and lively at the same time.”—Raghuram Rajan, author of The Third Pillar   “A tour de force—Ken Rogoff pairs delightful personal anecdotes with a sweeping portrait of the international monetary system. Rogoff’s prescient view on the possibly ‘shrinking’ dollar is certainly not to be taken lightly.”—Hélène Rey, Lord Bagri Professor of Economics at London Business School   “A must-read.”—Nouriel Roubini, coauthor of Crisis Economics