Why Hasn't The Dollar Fallen? | Lessons from Currency Historian Barry Eichengreen

Why has the dollar remained dominant despite rising debt, geopolitical strain, and growing challengers? Barry Eichengreen joins Bankless to trace the history of global reserve currencies. From Spanish silver and the Byzantine solidus to sterling and the modern dollar, Barry explains the conditions that make a currency rise, endure, and eventually fall. We explore fiscal discipline, rule of law, military power, gold, China, and crypto to understand what history suggests about the dollar’s future. ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium ------ 🔮POLYMARKET | #1 PREDICTION MARKET https://bankless.cc/polymarket-podcast  🪐GALAXYONE | SOLANA STAKING https://bankless.cc/GalaxyOne 🦊 METAMASK | DOWNLOAD NOW https://go.metamask.io/BL-Pod-Download  🏅BITGET TRADFI | TRADE GOLD WITH USDT https://bankless.cc/bitget 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://thedefireport.io/bankless 🌐BRIX | EMERGING MARKET YIELD https://bankless.cc/brix ------ TIMESTAMPS 0:00 Intro 5:11 Spanish Pieces of ape 14:58 Solidus 18:56 International Currency Status 29:32 The Fall of International Currencies 33:27 The Fall of The US Dollar 41:38 What’s Special about the Dollar? 47:39 Theoretical Currencies 51:09 US Dollar Dominance Consequences 59:39 When will the Dollar Fall? 1:03:09 US Dollar Competitors 1:08:32 Gold 1:14:08 Bitcoin & Crypto 1:18:23 Closing & Disclaimers ------ RESOURCES Barry Eichengreen https://x.com/B_Eichengreen Money Beyond Borders: Global Currencies from Croesus to Crypto https://www.amazon.com/Money-Beyond-Borders-Currencies-Croesus/dp/0691280533  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠