Hegemoney

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Iran's obol
Stablecoins buy safe passage in the Strait of Hormuz
Apr 3 • Jess Hoversen

March 2026

Yuan-a pay in dollars?
How China domesticated the dollar
Mar 27 • Jess Hoversen
Great powers have great currencies
Review: Money Beyond Borders by Barry Eichengreen
Mar 17 • Sean Satterthwaite
Not dead yet
Is a petrodollar worth a dime anymore?
Mar 12 • Jess Hoversen
Dollars and strikes
An examination of the dollar following U.S. military strikes
Mar 4 • Jess Hoversen

February 2026

An infinitely more terrible instrument
A brief and incomplete history of economic statecraft
Feb 26 • Jess Hoversen
Back to the futures
Learning from China’s iron ore futures to secure USD pricing power in rare earths
Feb 19 • Jess Hoversen
Red herring
Why Sec. Bessent shouldn't get distracted by crypto in China
Feb 10 • Jess Hoversen
Rial-ity check
Reconstructing Iran's chaotic exchange rate system
Feb 4 • Jess Hoversen

January 2026

The euro in the thunderdome
How Europe might try to globalize its common currency
Jan 27 • Jess Hoversen
Stable-ization
What the death of Ecuador’s sucre can tell us about the future of stablecoins
Jan 20 • Jess Hoversen
414 barriers to doing business in Venezuela
The state of the sanctions program and options for the dollar
Jan 12 • Jess Hoversen
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