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Fortis Novum Mundum is pleased to announce the publication of “The Dollar Fault Line: How America’s Currency Became the World’s Single Point of Failure”, a powerful and eye-opening analysis that lays bare the systemic risks embedded in today’s dollar-dependent global economy.
In this timely and rigorously documented work, author Josh Luberisse exposes how the dominance of the U.S. dollar as the global reserve currency has inadvertently created a critical “single point of failure” within international finance. From Jakarta to Lagos, the book details how cross-border trade, debt servicing, and sanctions enforcement are all vulnerable due to an overreliance on financial infrastructures routed through New York.
Leveraging an in-depth examination of financial systems, Luberisse breaks down complex instruments such as FX swaps, repo markets, and the operational power of the U.S. Treasury’s Office of Foreign Assets Control (OFAC)—illustrating how Washington can freeze global transactions at will. He also explains how the Federal Reserve, in moments of crisis, acts as a reluctant offshore backstop by supplying emergency liquidity to foreign central banks.
While not written as an indictment of American geopolitical influence, “The Dollar Fault Line” makes a compelling case that the existing global monetary framework is increasingly exposed to unconventional triggers—ranging from cyberattacks and climate catastrophes to domestic political brinkmanship such as debt ceiling impasses. Luberisse closes with a set of thoughtful, actionable policy proposals for governments, financial institutions, and everyday citizens to fortify against future systemic shocks.
A Fortis Novum Mundum spokesperson said: “‘The Dollar Fault Line’ offers a vital new perspective on a critical global issue that is hiding in plain sight. It is a must-read for policymakers, financiers, and any citizen concerned about the stability of our interconnected world.”
“The Dollar Fault Line: How America’s Currency Became the World’s Single Point of Failure” is now available via leading online booksellers and retailers.
About Fortis Novum Mundum:
Fortis Novum Mundum is a visionary publishing house dedicated to bringing the most relevant and transformative ideas to a global audience. We support authors who challenge the status quo and offer new perspectives on critical global issues.