{"product":{"product_id":"0199931097","title":"Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System","price":"17.95","image_url":"https://m.media-amazon.com/images/I/51ZDi0TKVoL._SL500_.jpg","url":"https://www.amazon.com/dp/0199931097"},"comments":[{"body":"Haha sorry! I was making a lame joke. [Exorbitant Privilege](https://www.amazon.com/Exorbitant-Privilege-Dollar-International-Monetary/dp/0199931097) is the title of a book by economist Barry Eichengreen. In it, he argues that the status of the American Dollar as a reserve currency means that it makes its goods and exports more expensive to export and thus damages its economy. In tradeoff, it acquires the ability to essentially borrow as much as it requires to finance its deficits.\r\n\r\nIn the same sense, I think the status of the United States as the sole superpower is a privilege. It allows the United States to dictate policy around the world as it sees fit with less input from other nations, certainly less than any other superpower in the history of the world has. However, that comes with the implicit responsibility for the state of the world, including what wars break out and how nations interact with one another. As the foremost state in the world order, other states will blame you for whatever the outcome of a situation is. Thus you are indeed damned if you do, damned if you don't.\r\n\r\nNow I've been out of Polandball for a while, so in return I don't know and am curious what \"pulling a De Gaulle\" is!","subreddit_name":"polandball","author":"fmn13"},{"body":"It is tricky since this information is not written about in a single book. The Adam Curtis documentary I wrote about above is ok but a little fanciful. A lot of it has to be pieced together from the business press like newspapers that cover trade or markets. They tend to be more honest because people with money don't want to be propagandized, they are there to make money.\r\n\r\nI've heard good things about this book and it's on my reading list but I have not gotten to it so I cannot yet vouch for it.\r\n\r\nhttps://www.amazon.ca/Exorbitant-Privilege-Dollar-International-Monetary/dp/0199931097/ref=nodl_","subreddit_name":"GenZedong","author":"rustyshekleford"}]}