"There has been talk in Europe about American hegemony being somehow based upon the use of the dollar in the world. I just don't see that connection at all"
About this Quote
The subtext is a critique of reductionism. “Hegemony” is a messy bundle of military basing, alliance systems, cultural reach, tech standards, intelligence networks, and the soft coercion of “rules-based” institutions. By isolating the dollar, Solomon implies Europeans are choosing a tidy villain - currency dominance - because it’s more discussable than the harder stuff: security dependence, postwar bargains, and America’s capacity to set defaults for what counts as normal.
Context matters. This is the late-20th-century/early-2000s moment when euro-optimism mixed with Iraq-era resentment and anti-globalization anxiety. Complaints about “dollar hegemony” often functioned as a way to talk about American influence without naming NATO, Hollywood, or Washington’s veto power in global finance. Solomon’s denial punctures that euphemism. He’s not proving the dollar is irrelevant; he’s highlighting how the “connection” argument can become a morally satisfying shortcut: if the dollar is the lever, then Europe can imagine changing the currency order as a cleaner path to autonomy than confronting the full architecture of American power.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Solomon, Robert C. (2026, January 15). There has been talk in Europe about American hegemony being somehow based upon the use of the dollar in the world. I just don't see that connection at all. FixQuotes. https://fixquotes.com/quotes/there-has-been-talk-in-europe-about-american-155917/
Chicago Style
Solomon, Robert C. "There has been talk in Europe about American hegemony being somehow based upon the use of the dollar in the world. I just don't see that connection at all." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/there-has-been-talk-in-europe-about-american-155917/.
MLA Style (9th ed.)
"There has been talk in Europe about American hegemony being somehow based upon the use of the dollar in the world. I just don't see that connection at all." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/there-has-been-talk-in-europe-about-american-155917/. Accessed 12 Feb. 2026.


