Dollar Hegemony

Dollar hegemony is the hypothesized monetary hegemony of the US dollar in the international finance global economy. Henry C.K. Liu popularized the term in the article "Dollar Hegemony has to go" in Asia Times, April 11, 2002. The article was quoted by William Clark, Immanuel Wallerstein of the Fernand Braudel Center, Greg Moses, and James Robertson.

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Famous quotes containing the words dollar and/or hegemony:

    How can a man be satisfied to entertain an opinion merely, and enjoy it? Is there any enjoyment in it, if his opinion is that he is aggrieved? If you are cheated out of a single dollar by your neighbor, you do not rest satisfied with knowing that you are cheated, or with saying that you are cheated, or even with petitioning him to pay you your due; but you take effectual steps at once to obtain the full amount, and see that you are never cheated again.
    Henry David Thoreau (1817–1862)

    The author’s hegemony must be broken. It is impossible to go too far in fanatical self-denial or fanatical self-renunciation: I am not I, but rather the street, the streetlights, this or that occurrence, nothing more. That’s what I call the style of stone.
    Alfred Döblin (1878–1957)