The Dollar Fault Line
How America’s Currency Became the World’s Single Point of FailureBy Josh Luberisse
Length8h 10m
About this audiobook
The Dollar Fault Line delivers a bracing and meticulously researched warning that the world is not merely dollar-centric; it is dollar-dependent. This dependency has created a single point of failure that exposes every nation to the whims of Federal Reserve policy, the shocks of Wall Street risk appetite, and the turmoil of American domestic politics. The next great financial rupture, he argues, will not be an American export alone but a global self-inflicted wound.
Luberisse takes readers deep inside the system’s plumbing, from the real-time ledgers of Fedwire and CHIPS to the off-balance-sheet alchemy of FX swaps and repos that create trillions in “synthetic dollars” beyond regulatory radar. He reveals how this centralized architecture grants Washington extraordinary geopolitical leverage—turning sanctions into a financial chokehold —while simultaneously forcing the Federal Reserve to act as the reluctant offshore lender of last resort to the entire planet.
Audiobook details
GenreBusiness and Economics, Education and Learning
Length8 hrs 10 mins
Narrated byListen with 1,000+ voices
FormateBook with Audio
Publish dateJun 6, 2025
LanguageEnglish
Table of contents
1Copyright
2Epigraph
3Epigraph
4Epigraph
5Preface
Show all chaptersShow less
6Introduction – The Manhattan Bottleneck
7Part I – The Rise of Dollar Dominion
8Chapter 1: Bretton Woods and the Gold–Dollar Synthesis
9Chapter 2: The Nixon Shock and the Petrodollar Accord
10Chapter 3: Deregulation and the Age of Financial Engineering
11Part II – Plumbing the Dollar Machine
12Chapter 4: Clearinghouses: Fedwire, CHIPS, and CLS
13Chapter 5: Shadow Pipelines: FX Swaps, Repos, and Eurodollars
14Chapter 6: The Federal Reserve’s Offshore Lender-of-Last-Resort Role
15Part III – Power, Leverage, and Weaponization
16Chapter 7: Sanctions, Secondary Sanctions, and Financial Exclusion
17Chapter 8: Dollar Diplomacy and Geopolitical Bargaining Chips
18Part IV – Failure Modes and Fragility
19Chapter 9: Liquidity Cascades: Case Studies in Rapid Transmission
20Chapter 10: Climate, Cyber, and Non-Market Catalysts
21Chapter 11: The Politics of Domestic Gridlock and Global Dependency
22Part V – Search for Redundancy and the Limits of Diversification
23Chapter 12: Competing Architectures: Renminbi Rails, Digital Euro, and mBridge
24Chapter 13: Regional Currency Blocs and SDR Revival Proposals
25Chapter 14: Central-Bank Digital-Currency Networks
26Part VI – Policy Options and the Path Forward
27Chapter 15: What the United States Must Decide
28Chapter 16: What the Rest of the World Can Do Now
29Chapter 17: Toward a Resilient Multipolar Liquidity Order
30Conclusion
31Appendices
32Appendix A: Statistical Tables – Currency Shares in Trade, Debt, and Derivatives
33Appendix B: Glossary of Payment-System and Derivatives Terminology
34Appendix C: Methodological Notes on Scenario Modeling
35Bibliography
More from Josh Luberisse
Never Split the DifferenceChris Voss, Tahl Raz8h 7m4.4 (277.7K)$26 · $0.00
The Intelligent Investor Rev Ed.Benjamin Graham17h 48m4.3 (191.5K)$40 · $0.00
The Hard Thing About Hard ThingsBen Horowitz7h 57m4.2 (134.3K)$26 · $0.00
Boundaries for LeadersHenry Cloud7h 36m4.3 (3.6K)$26 · $0.00
Progress and Poverty, Volumes I and II (Annotated)Henry George19h 21m4.6 (574)$1.99 · $0.00
Not Everything Counts but Everything Matters: The powerful and inspirational new book about leadership and achieving success from the visionary multi-premiership winning Panthers coachIvan Cleary6h 1m4.6 (680)$24 · $0.00
BuildTony Fadell11h 5m4.5 (14.3K)$8 · $0.00
The Joys Of CompoundingGautam Baid17h 34m4.5 (2.5K)$18 · $0.00
Basic EconomicsThomas Sowell18h 32m4.5 (29.3K)$28 · $0.00
The Ambuja StoryNarotam Sekhsaria13h 59m4.5 (830)$33 · $0.00
This Is Going to HurtAdam Kay5h 47m4.4 (444.7K)$24 · $0.00
Big TrustShadé Zahrai, Fayçal Sekkouah8h 36m4.6 (406)$26 · $0.00
The Intelligent Investor Third EditionBenjamin Graham, Jason Zweig20h4.4 (156.6K)$46 · $0.00
Bottle of LiesKatherine Eban14h 25m4.4 (12K)$33 · $0.00
The Antiracist Business BookTrudi Lebrón6h 10m4.6 (275)$17 · $0.00
The FormulaJoshua Robinson, Jonathan Clegg10h 41m4.4 (6.9K)$29 · $0.00
Let Them LeadJohn U. Bacon7h 10m4.5 (1.4K)$24 · $0.00
Secrets of the Millionaire MindT. Harv Eker5h 11m4.4 (301.4K)$24 · $0.00
The Person You Mean to BeDolly Chugh9h 6m4.4 (7.2K)$29 · $0.00
BoundlessNick Kostov, Sean McLain9h 17m4.5 (1.1K)$29 · $0.00
A Brief History of IntelligenceMax S. Bennett12h 18m4.6 (6.6K)$29 · $0.00
HomeschooledStefan Merrill Block7h 10m3.6 (18.5K)$28 · $0.00
How We ThinkJohn Dewey7h 6m4.0 (1.1K)Free
EXPERIENCE AND EDUCATION – Premium Edition (Including Democracy & Education) (Annotated)John Dewey19h 17m4.6 (1K)$2 · $0.00
WitnessAriel Burger8h 1m4.6 (1.3K)$20 · $0.00
EducationEllen G. White9h 41m4.6 (1.5K)$2 · $0.00
Parents and Children (Annotated)Charlotte Mason9h 23m4.6 (988)$2 · $0.00
Children Under FireJohn Woodrow Cox10h 17m4.5 (1.6K)$29 · $0.00
The State Must ProvideAdam Harris7h 15m4.5 (775)$24 · $0.00
The Call of the Wild and FreeAinsley Arment9h 7m4.4 (21.2K)$29 · $0.00
The Freelance WayRobert Vlach19h 48m4.5 (528)$40 · $0.00
Race to the BottomLuke Rosiak9h 20m4.5 (600)$29 · $0.00
They Came for the SchoolsMike Hixenbaugh9h 5m4.5 (2.6K)$8 · $0.00
Find Me UnafraidKennedy Odede, Jessica Posner11h 11m4.5 (2.7K)$29 · $0.00
Asking for ItKate Harding8h 55m4.4 (5.3K)$20 · $0.00
Defining Moments in Black HistoryDick Gregory7h 37m4.4 (6K)$26 · $0.00
The Emerald Tablets of Thoth the AtlanteanMaurice Doreal3h 4m4.4 (8.8K)$6 · $0.00
Learning AmericaLuma Mufleh6h 37m4.4 (564)$24 · $0.00
Math-ishJo Boaler7h 21m4.4 (588)$24 · $0.00
It Worked For MeColin Powell7h 42m4.3 (9.8K)$26 · $0.00
You may also like
The Great RescuePeter Hernon10h 55m4.1 (290)$29 · $0.00
Churchill’s BombGraham Farmelo14h 19m4.0 (331)$23
Red NovemberW. Craig Reed12h 39m4.2 (2.6K)$23
LisbonNeill Lochery8h 30m3.9 (1.2K)$17
A Bridge Too FarCornelius Ryan18h 12m4.4 (26.4K)$32
Fascism: A WarningMadeleine Albright9h 54m4.3 (33.9K)$29 · $0.00
But Not in ShameJohn Toland18h 20m4.3 (473)$30
The economic consequences of the peaceJohn Maynard Keynes8h 2m4.1 (3.4K)$3 · $0.00
The Collapse of the Third RepublicWilliam L. Shirer48h 6m4.4 (2.8K)$30
Saving FreedomJoe Scarborough8h 6m4.0 (1.9K)$26 · $0.00
Is Paris Burning?Larry Collins, Dominique Lapierre15h 12m4.3 (5.5K)$25
The Miracle of DunkirkWalter Lord10h 5m4.1 (6.7K)$20
The Rising Tide of Color against White World-Supremacy (Summarized Edition)Lothrop Stoddard3h 31m3.6 (3.9K)$2
In Mortal CombatJohn Toland27h 30m4.4 (1.3K)$30
A Time for TrumpetsCharles B. MacDonald28h 37m4.4 (4.2K)$30
The Able ArchersBrian J. Morra8h 50m4.3 (724)$20
The Viennese DressmakerKathryn Gauci11h 46m4.5 (2.1K)$23 · $0.00
Their Finest Hour (Complete Edition)Winston Churchill28h 59m4.5 (7.6K)$1 · $0.00
No Man’s LandJohn Toland25h 3m4.2 (959)$30
Churchill: The World CrisisWinston Churchill23h 49m4.4 (3.3K)$1 · $0.00