Almighty Dollar: Follow the Incredible Journey of a Single Dollar to See How the Global Economy Really Works

The dollar is the lifeblood of globalization, with half of the notes in circulation outside of the USA and many owned by China. The Almighty Dollar reveals the economic truths behind what we see on the news, showing who really holds the power and what that means for us all.

\n Format: Paperback / softback
\n Length: 320 pages
\n Publication date: 02 August 2018
\n Publisher: Elliott & Thompson Limited
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Have you ever pondered the reasons behind our ability to purchase a vast array of clothing, surpassing the purchasing power of our grandparents? However, it may be surprising that we may not own a home to accommodate all these garments. Why does our petrol bill experience a sudden and significant increase, but it rarely decreases as swiftly? The underlying factors behind these phenomena lie in the realm of economics, which can sometimes be intricate and challenging to comprehend. Nevertheless, by tracing the journey of a dollar across the globe, we can begin to unravel the complex web of forces shaping our lives.

The dollar serves as the vital pulse of globalization, transacting across borders and driving economic activity worldwide. While many individuals refer to it as greenbacks, singles, bucks, or even dead presidents, its essence remains the same. Surprisingly, half of the circulating notes are not held within the United States, with China owning a significant portion of the world's dollars. However, what transpires as our cash flows around the world on a daily basis, and how does it impact our daily lives? By following the path of $1 from a shopping excursion in suburban Texas, traversing China's central bank, Nigerian railroads, the oilfields of Iraq, and beyond, "The Almighty Dollar" unveils the economic realities behind the headlines we encounter every day.

China emerges as the world's largest manufacturer, while the United States becomes its largest customer. The concept of free trade is often debated, with questions raised about its benefits and drawbacks. Why would a nation invest in constructing a bridge spanning an entire planet? These are the profound questions that economist Dharshini David addresses in this enlightening book. Through meticulous analysis and clear explanations, David unravels the intricate relationships that underpin our modern, globalized world. She sheds light on the power dynamics, revealing who holds sway paragraph:

the reins and its implications for our collective future. "The Almighty Dollar" is a must-read for anyone seeking to gain a deeper understanding of the economic forces. It provides a comprehensive exploration of the global economy, shedding light on the complex forces that shape our lives and the world around us. By following the dollar's journey, we gain a newfound appreciation for the intricate web of relationships that connect nations, economies, and cultures. This book offers valuable insights into the power dynamics that govern our world, empowering us to make informed decisions and navigate the complexities of the modern global landscape.

\n Weight: 296g\n
Dimension: 198 x 128 x 23 (mm)\n
ISBN-13: 9781783963980\n \n