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Reviewed on April 21, 2023 | Social Sciences
HSBC senior economic adviser King (Grave New World: The End of Globalization, the Return of History) gives a historical account of global money exchanges and inflation and their impact on economies. The author asserts that the most successful currency of the last century is the U.S. dollar due to its universal acceptance. In the 19th century, many countries experienced deflation due to the increase in economic growth spurred by t...Log In or Sign Up to Read More