Prologue
What is so special about the dollar?
The paradox of uphill capital flows
Emerging markets get religion
The quest for safety
A trillion dollar con game?
Currency wars
Seeking a truce on currency wars
It takes twenty to tango
The siren song of capital controls
Safety nets with gaping holes
Is the renminbi ready for prime time?
Other contenders nipping at the dollar's heels
Could the dollar hit a tipping point and sink?
Ultimate paradox : fragility breeds stability
Appendix.