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 ...
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 ...
Skip the dollar store duds
About half of people with household incomes ... and finds the holiday decorations a lot of value packed into $1 each. What about those name brands? Is the Crest toothpaste sold at Dollar Tree really Crest? A Procter & Gamble representative said yes ...
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.
The Fed and the nickel dollar
In other words, the dollar had lost half its purchasing power as measured by gold. By the end of 1972 ... De facto devaluation has occurred, even though it once required a direct order by the president. In 1973, the dollar's value was turned over to ...