Making Sense of the Dollar
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Link
Cost
Paid
Published
2009
Updated
2010
Full Name
Making Sense of the Dollar: Exposing Dangerous Myths about Trade and Foreign Exchange
Making Sense of the Dollar explores the many factors that affect the dollar and the U.S. economy: trade deficits, the dollar’s role in the world, globalization, capitalism, and more. It argues convincingly that many people are wrongly pessimistic about both the dollar and the U.S. economy. The United States remains a vibrant and innovative country despite the severe credit crisis.
Making Sense of the Dollar casts a critical eye at ten myths that contribute to our misperceptions:
- Trade deficits reflect a lack of U.S. competitiveness
- There is only one type of capitalism
- Globalization destroyed American industry
- The era of the dollar as the global currency is ending
- A weak dollar boosts exports and drives stock markets