Book Excerpt: The Dollar Trap

The American Dollar is the international currency of reserve. It is the most accepted global currency and the most sought after investment, especially in times of global economic downturn. 



How did the American Dollar come to occupy such an exalted position? 


The Dollar Trap, written by Eswar S. Prasad, seeks to answer this important question. It is a fascinating account of the the pivotal role played by the American Dollar in the global economy and how it has tightened its grip on global finance.

Title: The Dollar Trap

Author: Eswar S. Prasad
Publisher: Portfolio Penguin
Pages featured here: 16-21

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