Quarterly Journal of Austrian Economics
Author:
Mark Thornton
Online Publish Date:
Volume 16, No. 2 (Spring 2013) Over the last century America’s money—the dollar—has come to dominate the global monetary system. It is used not just by Americans, but is used in other countries, in the global black market, by importers and exporters, and is the primary reserve currency for central banks. This status is what the author rightly