# Photis Lysandrou, "Dollar Dominance: Why It Rules the Global Economy and How to Challenge It" (Policy Press, 2025)

Page: https://stenobird.com/podcast/new-books-in-economics-614217/photis-lysandrou-dollar-dominance-why-it-rules-the-global-economy-and-how-to-challenge-it-policy-press-2025
Text version: https://stenobird.com/podcast/new-books-in-economics-614217/photis-lysandrou-dollar-dominance-why-it-rules-the-global-economy-and-how-to-challenge-it-policy-press-2025.md
Podcast: [New Books in Economics](https://stenobird.com/podcast/new-books-in-economics-614217)
Published: 2026-05-13T08:00:00+00:00
Episode link: https://pdst.fm/e/traffic.megaphone.fm/NBNK5033038642.mp3?updated=1778471652
Audio file: https://pdst.fm/e/traffic.megaphone.fm/NBNK5033038642.mp3?updated=1778471652
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/new-books-in-economics-614217/episodes/photis-lysandrou-dollar-dominance-why-it-rules-the-global-economy-and-how-to-challenge-it-policy-press-2025
Duration seconds: 3253

## Resource

In a world shaken by crises, why does the dollar continue to dominate? In Dollar Dominance: Why It Rules the Global Economy and How to Challenge It (Policy Press, 2025) Photis Lysandrou explores the interaction between global instability and the enduring strength of the dollar. Drawing on examples from the 2008 Great Financial Crisis to the COVID-19 pandemic and Russia's invasion of Ukraine, the author reveals how uncertainty and instability in global trade, production and politics drives investors towards the safety of the dollar, reinforcing its dominance over other currencies. With clear and insightful analysis, Lysandrou reveals the true global financial foundations of dollar dominance, and lays out what it would take for other currencies such as the Euro to challenge its position Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/new-books-in-economics-614217/episodes/photis-lysandrou-dollar-dominance-why-it-rules-the-global-economy-and-how-to-challenge-it-policy-press-2025/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/new-books-in-economics-614217/photis-lysandrou-dollar-dominance-why-it-rules-the-global-economy-and-how-to-challenge-it-policy-press-2025.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.