Making Sense of the Dollar

Making Sense of the Dollar

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Has the greenback really lost its preeminent place in the world? Not according to currency expert Marc Chandler, who explains why so many area€”wronglya€”pessimistic about both the dollar and the U.S. economy. Making Sense of the Dollar explores the many factorsa€”trade deficits, the dollara€™s role in the world, globalization, capitalism, and morea€”that affect the dollar and the U.S. economy and lead to the inescapable conclusion that both are much stronger than many people suppose. Marc Chandler has been covering the global capital markets for twenty years as a foreign exchange strategist for several Wall Street firms. He is one of the most widely respected and quoted currency experts today.Should she fire the secretary and do the typing herself? No, she ... In thisexample , thelower productivity is not enough to offset the significantly lower labor costs. ... The employee at the Hungarian snowglobe manufacturer willleave work, have dinner at McDonalda#39;s, thengohome andwatch The Simpsons on television.

Title:Making Sense of the Dollar
Author:Marc Chandler
Publisher:John Wiley & Sons - 2010-05-18


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