• Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Future of the Dollar

The Future of the Dollar

Hardcover

Series: Cornell Studies in Money

Business GeneralEconomicsInvesting & Finance

ISBN10: 0801448255
ISBN13: 9780801448256
Publisher: Cornell Univ Pr
Published: Sep 15 2009
Pages: 272
Weight: 1.05
Height: 0.90 Width: 6.00 Depth: 9.00
Language: English

For half a century, the United States has garnered substantial political and economic benefits as a result of the dollar's de facto role as a global currency. In recent years, however, the dollar's preponderant position in world markets has come under challenge. The dollar has been more volatile than ever against foreign currencies, and various nations have switched to non-dollar instruments in their transactions. China and the Arab Gulf states continue to hold massive amounts of U.S. government obligations, in effect subsidizing U.S. current account deficits, and those holdings are a point of potential vulnerability for American policy.

1 different editions

Also available

Also in

Investing & Finance