*The U.S. Dollar Today and the Pound Sterling before 1914*

*/A historical comparison of the role of currencies in the uneven process of decline of hegemonic imperialist powers/*

/An Essay (with 9 Tables) by Michael Pröbsting, Revolutionary Communist International Tendency (RCIT), 26 June 2024/

https://www.thecommunists.net/theory/u-s-dollar-today-and-pound-sterling-before-1914/

*/Contents/*

*Introduction*

*Challenges to Western-dominated financial institutions*

*The uneven decline of British imperialism in the first half of the 20^th century*

*The very slow decline of the Pound Sterling*

*Concluding remarks*

*Appendix*


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