Dr. Robert Farley
Dr. Robert Farley has taught security and diplomacy courses at the Patterson School of Diplomacy and Commerce at UK since 2005. His most recent book is,” Waging War with Gold: National Security and the Finance Domain Across the Ages.” Establishing the United Nations and the Bretton Woods institutions were creative initiatives to provide stability and mechanisms to peacefully resolve conflicts. It would be extremely dangerous to move from the dollar to a cryptocurrency as the major currency. In the future, there are four potential scenarios, one in which the US remains a financial hegemon, a second in which we see a relatively orderly transition to another hegemon, a third that looks at the development of a bipolar finance domain and a fourth that witnesses the development of a multipolar financial commons. Regarding tariffs, the customer pays the tariff increases, not the country of origin or distributor, which raises overall costs.
