Making Sense of the Dollar: Exposing Dangerous Myths about Trade and Foreign Exchange
Language: English
Published by Bloomberg Press, 2009
- Hardcover
- Used
Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.World of Books (was SecondSale)
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Condition: Used - Very good
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Add to basketItem description from seller
IS THE DOLAR LOSING ITS LUSTER AS A WORLD CURENCY? Has the credit crisis forever tainted the U.S. dollar? Will the euro or the yuan replace the U.S. dollar as the world's currency? Marc Chandler argues convincingly that many people are wrongly pessimistic about both the dollar and the U.S. economy. The United States remains a vibrant and innovative country despite the severe credit crisis. In Making Sense of the Dollar, Chandler acknowledges the existence of trade deficits while advising against sacrificing growth and development. Investors and policy makers need to think about money and trade in a different way. He casts a critical eye at ten myths that contribute to our misperceptions: Trade deficits reflect a lack of U.S. competitiveness There is only one type of capitalism Globalization destroyed American industry The era of the dollar as the global currency is ending A weak dollar boosts exports and drives stock markets These assumptions and others are debunked by Chandler. His inescapable conclusion is that both the dollar and the U.S. economy are much stronger than many people suppose, even in the face of market turmoil and economic displacement. The new rules that emerge from the credit crisis will undoubtedly create new incentives and disincentives, which, in turn, could influence the contours of U.S. strategy for economic expansion.…
Seller Inventory # 00100574535
- Title
- Making Sense of the Dollar: Exposing Dangerous Myths about Trade and Foreign Exchange
- Author
- Marc Chandler
- Publisher
- Bloomberg Press
- Publication year
- 2009
- Condition
- Very Good
- Binding
- Hardback
- Language
- English
- ISBN 10
- 1576603210
- ISBN 13
- 9781576603215
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.
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.
"Synopsis" may belong to another edition of this title.
About the Author
MARC CHANDLER has been involved in global capital markets for twenty years. He is Chief Foreign Exchange Strategist at Brown Brothers Harriman and served as Chief Currency Strategist for HSBC Bank USA. Chandler is a prolific writer, contributing to such media as TheStreet.com, Currency Trader, Barron's, and the Financial Times. He maintains an active speaking schedule and also teaches at New York University in the School of Continuing and Professional Studies.
Readers may contact the author at marcmakingsense@gmail.com.
"About the title" may belong to another edition of this title.
World of Books (was SecondSale)
Montgomery, IL, U.S.A.
AbeBooks seller since December 20, 2007
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