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Hardcover. Pub Date: 08 2009 Pages: 240 Publisher: Bloomberg Press Has the Greenback lost really be its preeminent place in the world Not according to currency expert Marc Chandler who explains why SO many arewronglypessimistic About both the dollar and the U.S. economy. Making Sense of the Dollar explores the many factorstrade deficits. the dollars role in the world. globalization. capitalism. and morethat affect the dollar and the US economy and leads to the inescapable conclusion that both are much stronger than many people suppose.Contents: Acknowledgments . Introduction. 1 Myth 1: The Trade Deficit Reflects US Competitiveness. 2 Myth 2: The Current Account Deficit Drives the Dollar. 3 Myth 3: You Can't Have Too Much Money. 4 Myth 4: Labor Market Flexibility Is the Key to US Economic Prowess. 5 Myth 5: There Is One Type of Capitalism. 6 Myth 6: The Dollar's Privileged Pl...
