{"id":3490,"date":"2026-04-09T13:54:00","date_gmt":"2026-04-09T13:54:00","guid":{"rendered":"https:\/\/climatevdo.com\/?p=3490"},"modified":"2026-04-14T15:29:18","modified_gmt":"2026-04-14T15:29:18","slug":"the-decline-and-fall-of-the-dollar-empire-by-barry-eichengreen","status":"publish","type":"post","link":"https:\/\/climatevdo.com\/?p=3490","title":{"rendered":"The Decline and Fall of the Dollar Empire by Barry Eichengreen"},"content":{"rendered":"<p><\/p>\n<div dir=\"ltr\" data-sticky-target=\"interaction-article\" data-page-area=\"article-top\" data-sticky-offset=\"20%\" data-scroll-area-container=\"main\">\n<nav class=\"article__interaction  fbg-image__inlay\" aria-label=\"Article actions\">\n<p>                    <a title=\"Economics\" href=\"https:\/\/www.project-syndicate.org\/section\/economics\" data-entity-type=\"static-link\" data-entity-id=\"\" data-language=\"english\" data-event-action=\"click\" data-entity-link-name=\"economics\" class=\"track-event article__banner banner\" data-href-original=\"https:\/\/www.project-syndicate.org\/section\/economics\"><span>Economics<\/span><\/a><\/p>\n<\/nav>\n<address class=\"article__byline u-mt-se\">\n<p>                            <time datetime=\"2026-04-09T13:54Z\" class=\"vl-divider\">Apr 9, 2026<\/time><\/p>\n<p>                            <span class=\"byline\"><a href=\"https:\/\/www.project-syndicate.org\/columnist\/barry-eichengreen\" data-entity-type=\"member\" data-entity-id=\"ba167c0246f86f2c0f1a220b\" data-language=\"english\" data-event-action=\"click\" data-entity-link-name=\"barry-eichengreen\" class=\"track-event\" data-href-original=\"https:\/\/www.project-syndicate.org\/columnist\/barry-eichengreen\"><span class=\"listing__author author\">Barry Eichengreen<\/span><\/a><\/span><br \/>\n                    <\/address>\n<div class=\"article__abs u-mt-se\" dir=\"ltr\" data-scroll-area=\"start\">\n<p>The United States does not have an emperor like ancient Rome&#8217;s Nero, but its politics are increasingly subject to rule by one man who threatens its democratic traditions. And just as Nero undermined the Roman denarius\u2014arguably the world&#8217;s first international currency\u2014America&#8217;s ruler poses a growing threat to his country&#8217;s currency.<\/p>\n<\/p><\/div>\n<div dir=\"ltr\" class=\"article__body article__body--commentary paywall english\" data-page-area=\"article-body\">\n<p data-line-id=\"871b8055138d4965bc680e73e144b19c\"> SEOUL \u2013 There is angst in the air about the US dollar\u2019s once and future global role. For insight into the greenback\u2019s prospects, pundits have looked to the British pound sterling, the dollar\u2019s predecessor as the dominant international currency, and asked how economic stagnation, heavy debts, and failed geopolitical adventures, like that in Suez in 1956, conspired to rob it of its global role. <\/p>\n<\/p><\/div>\n<p>                <span data-scroll-area=\"center\"\/><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Economics Apr 9, 2026 Barry Eichengreen The United States does not have an emperor like ancient Rome&#8217;s Nero, but its politics are increasingly subject to rule by one man who threatens its democratic traditions. And just as Nero undermined the Roman denarius\u2014arguably the world&#8217;s first international currency\u2014America&#8217;s ruler poses a growing threat to his country&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3491,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[657,655,449,656,448,243,658,654,248],"class_list":["post-3490","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate-opinion","tag-barry-eichengreen","tag-corruption","tag-currency","tag-denarius","tag-dollar","tag-donald-trump","tag-money","tag-roman-empire","tag-united-states"],"_links":{"self":[{"href":"https:\/\/climatevdo.com\/index.php?rest_route=\/wp\/v2\/posts\/3490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/climatevdo.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/climatevdo.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/climatevdo.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/climatevdo.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3490"}],"version-history":[{"count":1,"href":"https:\/\/climatevdo.com\/index.php?rest_route=\/wp\/v2\/posts\/3490\/revisions"}],"predecessor-version":[{"id":3492,"href":"https:\/\/climatevdo.com\/index.php?rest_route=\/wp\/v2\/posts\/3490\/revisions\/3492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/climatevdo.com\/index.php?rest_route=\/wp\/v2\/media\/3491"}],"wp:attachment":[{"href":"https:\/\/climatevdo.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/climatevdo.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/climatevdo.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}