Fortis Novum Mundum has released a landmark new title, “The Dollar Fault Line: How America’s Currency Became the World’s Single Point of Failure”, a compelling investigation into the global economy’s growing exposure to a single monetary hub.
In this urgent and finely detailed book, author Josh Luberisse explores how the U.S. dollar’s centrality in the international financial system has resulted in a dangerous concentration of risk. From shipping routes to sovereign debt, Luberisse demonstrates that everyday global transactions—no matter where they occur—are ultimately reliant on a fragile infrastructure anchored in New York.
Through careful analysis of market structures and regulatory mechanisms, the book offers rare insight into the behind-the-scenes workings of dollar-based finance. It explores the “invisible plumbing” of FX swaps and repurchase agreements, while showing how the U.S. Treasury’s OFAC can unilaterally halt access to dollar liquidity across borders. It also examines how the Federal Reserve is often called upon to act as an unofficial global lender of last resort.
Rather than being an anti-American critique, “The Dollar Fault Line” highlights how modern threats—including climate emergencies, digital infrastructure failures, and political paralysis in Washington—could abruptly fracture global liquidity channels. Luberisse closes the book with robust policy recommendations for building financial resilience and reducing dependence on a single monetary axis.
A spokesperson for Fortis Novum Mundum stated: “‘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 available now from major bookshops and online platforms.
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.
