“The international monetary order distributes risk asymmetrically — reserve issuers export liquidity, while commodity-dependent economies import adjustment.” Political EconomyMacroeconomicsInternational FinanceGlobal Monetary SystemReserve Currency Book:The Coin of Great Value: The Currency War and the Battle for Economic Independence Source: The Coin of Great Value: The Currency War and the Battle for Economic Independence
“Monetary sovereignty is not declared. It is negotiated within the architecture of capital flows and settlement systems.” International FinanceCapital FlowsFinancial ArchitectureGeoeconomicsMonetary Sovereignty Book:The Coin of Great Value: The Currency War and the Battle for Economic Independence Source: The Coin of Great Value: The Currency War and the Battle for Economic Independence