Making sense of the dollar
Subtitle: exposing dangerous myths about trade and foreign exchange
By: Marc Chandler.
Publisher: Bloomberg Press
Published: 2009
Place of publication: New York
Language: eng
Number of pages: 212
ISBN-13: 9781576603215
Subjects: Foreign exchange -- United States; Dollar, American; Balance of trade -- United States
Description: "Making Sense of the Dollar explores the many factors--trade deficits, the dollar's role in the world, globalization, capitalism, and more--that affect the dollar and the U.S. economy and lead to the inescapable conclusion that both are much stronger than many people suppose"--Provided by publisher.
Notes: Includes bibliographical references and index.
Table of contents: title: Myth 1: the trade deficit reflects U.s. competitiveness; title: Myth 2: the current account deficit drives the dollar; title: Myth 3: you can't have too much money; title: Myth 4: labor market flexibility is the key to U.S. economic prowess; title: Myth 5: there is one type of capitalism; title: Myth 6: the dollar's privileged place in the world is lost; title: Myth 7: globalization destroyed American industry; title: Myth 8: u.s. capitalist development prevents socialism; title: Myth 9: the weak u.s. dollar boosts exports and drives stock markets; title: Myth 10: the foreign exchange market is strange and speculative; title: Summary and some thoughts on the way forward.