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
19Chapter 9: Liquidity Cascades: Case Studies in Rapid Transmission
2Epigraph
20Chapter 10: Climate, Cyber, and Non-Market Catalysts
3Epigraph
21Chapter 11: The Politics of Domestic Gridlock and Global Dependency
4Epigraph
22Part V – Search for Redundancy and the Limits of Diversification
5Preface
23Chapter 12: Competing Architectures: Renminbi Rails, Digital Euro, and mBridge
Show all chaptersShow less
6Introduction – The Manhattan Bottleneck
24Chapter 13: Regional Currency Blocs and SDR Revival Proposals
7Part I – The Rise of Dollar Dominion
25Chapter 14: Central-Bank Digital-Currency Networks
8Chapter 1: Bretton Woods and the Gold–Dollar Synthesis
26Part VI – Policy Options and the Path Forward
9Chapter 2: The Nixon Shock and the Petrodollar Accord
27Chapter 15: What the United States Must Decide
10Chapter 3: Deregulation and the Age of Financial Engineering
28Chapter 16: What the Rest of the World Can Do Now
11Part II – Plumbing the Dollar Machine
29Chapter 17: Toward a Resilient Multipolar Liquidity Order
12Chapter 4: Clearinghouses: Fedwire, CHIPS, and CLS
30Conclusion
13Chapter 5: Shadow Pipelines: FX Swaps, Repos, and Eurodollars
31Appendices
14Chapter 6: The Federal Reserve’s Offshore Lender-of-Last-Resort Role
32Appendix A: Statistical Tables – Currency Shares in Trade, Debt, and Derivatives
15Part III – Power, Leverage, and Weaponization
33Appendix B: Glossary of Payment-System and Derivatives Terminology
16Chapter 7: Sanctions, Secondary Sanctions, and Financial Exclusion
34Appendix C: Methodological Notes on Scenario Modeling
17Chapter 8: Dollar Diplomacy and Geopolitical Bargaining Chips
35Bibliography
18Part IV – Failure Modes and Fragility
More from Josh Luberisse
The Goals ProgramZig Ziglar4h 34m$20
The Stocks & ETF Compass: A Guide to Wealth, High Standard of Living, and Secure Retirement through Intelligent Investment in the Stock Market and Passive Income – Including Starter GuideJens Hattermann4h 9m$20 · $0.00
Eat It!Jordan Syatt, Michael Vacanti4h 40m$20 · $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 1m$24 · $0.00
Leads MachineFrancis Rodino6h 30m$27 · $0.00
CAPITAL (Complete 3 Volume Edition)Karl Marx111h 13m$2 · $0.00
BuildTony Fadell11h 5m$8 · $0.00
The Entrepreneur Roller CoasterDarren Hardy7h 8m$17
The Law of Success in Sixteen LessonsNapoleon Hill1h 31m$2 · $0.00
The Ambuja StoryNarotam Sekhsaria13h 59m$33 · $0.00
Military Culture ShiftCorie Weathers13h 13m$25 · $0.00
Saving Social CareNeil Eastwood4h 54m$18 · $0.00
Big TrustShadé Zahrai, Fayçal Sekkouah8h 36m$26 · $0.00
SocialismLudwig von Mises24h 8m$30
Being EssentialDain Dunston4h 13m$15 · $0.00
Purposeful PerformanceJonathan Stanley10h 14m$25
Bottle of LiesKatherine Eban14h 25m$33 · $0.00
The Antiracist Business BookTrudi Lebrón6h 10m$17 · $0.00
The FormulaJoshua Robinson, Jonathan Clegg10h 41m$29 · $0.00
Let Them LeadJohn U. Bacon7h 10m$24 · $0.00
En ComunidadCarla España, Luz Yadira Herrera6h 10m$23
Textured TeachingLorena Escoto Germán4h 25m$20
The State Must ProvideAdam Harris7h 15m$24 · $0.00
Parents and ChildrenCharlotte Mason9h 17m$1 · $0.00
The Freelance WayRobert Vlach19h 48m$40 · $0.00
Race to the BottomLuke Rosiak9h 20m$29 · $0.00
We Got ThisCornelius Minor6h 28m$23
They Came for the SchoolsMike Hixenbaugh9h 5m$8 · $0.00
Find Me UnafraidKennedy Odede, Jessica Posner11h 11m$29 · $0.00
A Novel ApproachKate Roberts5h 22m$20
Being the ChangeSara K. Ahmed5h 27m$20
Asking for ItKate Harding8h 55m$20 · $0.00
When Kids Can't Read—What Teachers Can DoKylene Beers12h 31m$25
Defining Moments in Black HistoryDick Gregory7h 37m$26 · $0.00
The Emerald Tablets of Thoth the AtlanteanMaurice Doreal3h 4m$6 · $0.00
May Tomorrow Be AwakeChris Martin7h 53m$26 · $0.00
The Joy of ReadingDonalyn Miller, Teri Lesesne7h 59m$23
Comprehension ConnectionsTanny McGregor3h 20m$20
The Curious ClassroomHarvey “Smokey” Daniels6h 7m$23
Challenging The StoryDavid Jereb1h 57m$18 · $0.00
You may also like
The Great RescuePeter Hernon10h 55m$29 · $0.00
Churchill’s BombGraham Farmelo14h 19m$23
The Lusitania's Last VoyageCharles Emelius Jr. Lauriat2h 25m$1 · $0.00
One Christmas in WashingtonDavid Bercuson, Holger Herwig11h 4m$21
Red NovemberW. Craig Reed12h 39m$23
Atomic Bomb IslandDon A. Farrell18h 9m$25
LisbonNeill Lochery8h 30m$17
The Crisis of the Naval War: British Royal Navy in World War IJohn Rushworth Jellicoe8h 43m$1 · $0.00
The Russo-Japanese War (Illustrated Edition)Sydney Tyler14h 24m$1 · $0.00
A Bridge Too FarCornelius Ryan18h 12m$32
Fascism: A WarningMadeleine Albright9h 54m$29 · $0.00
But Not in ShameJohn Toland18h 20m$30
My Four Years in GermanyJames W. Gerard9h 14m$1 · $0.00
The Ocean Wireless Boys on War Swept SeasJohn Henry Goldfrap5h 20m$1 · $0.00
BombshellMax Allan Collins, Barbara Collins7h 18m$17
Engineering Bulletin: Boiler and Furnace TestingRufus T. Strohm1h 1m$2 · $0.00
Britain's Deadly Peril: Are We Told the Truth?William Le Queux5h 10m$2.30
The Collapse of the Third RepublicWilliam L. Shirer48h 6m$30
Cappy Ricks Retires: But That Doesn't Keep Him from Coming Back Stronger Than EverPeter B. Kyne12h 35m$2 · $0.00
The West’s Last ChanceTony Blankley6h 25m$14 · $0.00