Christian privilege
The concept of hegemony describes the ways in which a dominant group, in this case mainly U.S. Protestant Christians, disseminate their "dominant" social constructions as common sense, normative, or even universal, even though most of the world's inhabitants are not Christian. Christian hegemony also accepts Christianity as part of the natural order, even at times by those who are marginalized, disempowered, or rendered invisible by it. Thus, Christian hegemony helps to maintain the marginality of other religions and beliefs. According to Beaman, "the binary opposition of sameness/difference is reflected in Protestant/minority religion in which mainstream Protestantism is representative of the 'normal'".
Monetary hegemony
Monetary hegemony is an economic and political concept in which a single state has decisive influence over the functions of the international monetary system. A monetary hegemon would need:
The term monetary hegemony appeared in Michael Hudson's "Super Imperialism", describing not only an asymmetrical relationship that the US dollar has to the global economy, but the structures of this hegemonic edifice that Hudson felt supported it, namely the International Monetary Fund and the World Bank. The US dollar continues to underpin the world economy and is the key currency for medium of international exchange, unit of account (e.g. pricing of oil), and unit of storage (e.g. treasury bills and bonds) and, despite arguments to the contrary, is not in a state of hegemonic decline (cf. Fields & Vernengo, 2011, 2012).