What has happened to the dollar?
December 6th, 2009
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I came across a great piece in the Wall Street Journal by James Grant that provides a lot of great information about US currency, the dollar. It is very relevant to discussions about giving Fed Chairman Bernanke another 4 years as well as the true value of a dollar.
Jim also discusses the history of our currency and what it means to us today. The US dollar is an IOU from the Federal Government. How much does that really mean anymore?
Source: Requiem for the Dollar (online.wsj.com)
Related articles
- Dollar weakens broadly (money.cnn.com)
- The Dollar’s Value Against Foreign Currencies Declines (time.com)
- Is the Dollar Dying a Slow Death? (time.com)
