"Given the significance of the topic, Lumba's book is an important contribution to the scholarly work on Philippine history, economic and business history, and the history of foreign capital and currencies. It gives us a deeper understanding of the economic underpinnings of various Philippine historical epochs and makes us reflect on the lasting impacts of the US colonial project that continues to haunt Philippine society today."
Katherine G. Lacson, Pacific Affairs
"Monetary Authorities is a stringent, riveting account of the important role of currency controls in the expansion of US imperial rule and racial capitalism. Allan E. S. Lumba's work incisively details how currency stabilization, economic security, financial regulation, and fiscal discipline are key normative instruments of racial subjugation, political pacification, and counter-decolonization. A crucial, powerful intervention reminding us of the politics of everyday transactions at the level of small change."
Neferti X. M. Tadiar, author of, Remaindered Life
