International Political Economy Exploration And Analysis On US Dollar Hegemony

Currency is the lifeblood of the economy,the economy is the basis of comprehensive national strength.To learn more about a country and its strength,it is necessary to know its currency.An individual or a small number of currencies dominated by the world,do not understand this country's currency, it will not be able to accurately assess the country's economic power and comprehensive national strength,which is precisely the key to a big country around the world.And we will not be able to grasp the root of the world economic and political evolution of the pattern.20 century is the century of the United States,the United States world hegemony is the foundation of economic hegemony,and to establish a strong foundation status and to set up the Bretton Woods system.the Jamaican dollar system led eventually established hegemony system,which dominates the world for the United States to provide a solid foundation of the monetary hegemony.At the early 21st century,especially the economic crisis sweeping the world appears,the status of relaxation of the strong U.S. dollar,the dollar has been sagging hegemonic system,Soliding American hegemony is the basic strategy of reviving the system of U.S. hegemony。Facing the test of serious economic crisis,more and more countries are awared of U.S. hegemony system crisis,the inherent drawbacks of infinity."Triffin predicament"is always there. In fact,as an international currency reserving and valuation,such as U.S. dollars,not just the result of political struggles,and more are the result of market selection.In fact,the U.S. dollar as an international currency is a faulse.For instance,the U.S. dollar is the currency of international treaties through a series of implementation.It is provided through the United States to the global open market,and the efficiency of financial markets.Of course,the U.S. dollar as the international currency and,more importantly,the United States is also the country's economic competitiveness and overall national strength,the U.S. hegemonic system dominates the United States hegemony,and the overall strength of the United States speaking at a conservative in the past two to three decades can not be completely towards disintegration.Due to the U.S. dollar hegemony,to break through the U.S. hegemonic system of domination from the U.S. hegemony in the short term,it is very difficult.Often,the researchers are too concerned about the hegemony of the U.S. system overview,but also aware of U.S. hegemony inherent defects in the system can be difficult in theory and in practice there is transcendence.Neglected dimension of the global system from the hegemony of the dollar breakthrough system,the central bank Governor Zhou on the sovereignty of the country beyond the idea of the world reserve currency to broaden our horizons,in the new awareness of the high dollar on the dollar hegemony and hegemonic system finally collapsed,the world has entered"U.S. hegemony after the system"to study the rationale for time to explore,this is the most realistic in this article.