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"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"--Provided by publisher.
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Rather than offering advice on trading currencies or getting rich in the foreign exchange market, Chandler (chief foreign exchange strategist, Brown Brothers Harriman; continuing and professional studies, New York U.) focuses on the flexible labor market strategy US businesses have evolved to compete in an international political economy of volatile foreign exchange prices. Debunking myths about the loss of the dollar's privileged place and American industry's decline in a globalized world, he situates this strategy in the historical contexts of the Open Door economic policy and New World Order. Despite concerns about the current state of the US and world economies, he remains bullish about the US dollar. Annotation ©2009 Book News, Inc., Portland, OR (booknews.com)
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