Business » Finance
Author`s name Dmitry Sudakov

The rise and fall of king dollar - Comments

Cheapening the dollar is a bad thing, unequivocally. It does not necessarily follow that making the dollar dearer is a good thing. And there is a frequently unnoticed factor at work: the dollar's status as the world reserve currency. This status has cost America 6 million jobs. This is a startling, and potentially important, claim.

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