The Dollar Trap
However, more than 6% of this annual outperformance has been directly attributable to the falling dollar. In other words, three-quarters of excess returns investors garnered overseas over the past five years was due solely to the rising value of foreign ...
A Million Bucks Ain't What It Used to Be (But It Still Might Be Enough)
Indeed, as of 2010, the median net worth of an American family was just $77,300, and that includes the value of ... to being only half-rich. The Incredible Shrinking Million It might be a matter of thinking that having a few million dollars doesn't enable ...
The Death Certificate Of The Paper Dollar: Where To Next?
The world dollar standard’s death certificate arrives in the mail this week ... The floodgates open. In the second half of 2011 monetary policy scholars, policy virtuosi, financiers and activists have issued over half a dozen books and important ...
WHAT IS THE POINT OF MACRO?
Dylan Grice from Societe Generale in London wrote on value for an OTB a few weeks ago ... But this just meant that almost half a decade later, anyone who listened to me would have lost about 40% of his investment, instead of the 70% that the homebuilding ...
When the Kingston Trio came out with their rendition of "Greenback Dollar" with the lyrics saying "I don't give a dam about a greenback dollar I spend it just as fast as I can" today, half of that phrase ... for an equivalent value of goods or services.