World Business: Mr. Dollar Goes Abroad


(See Cover)

In Washington late this month, 2,000 men from 102 countries will gather to discuss what is probably the world's most fascinating, most widely, talked about—and most misunderstood—subject: money. Ever since the ancient Lydians set up the first effective monetary system, money has been at the heart of men's lives and business, the fuel of their ambitions, the symbol of wealth and power in almost every society. It has not only made possible but helped to create the vast and complicated structure of modern civilization. Adam Smith called it "the great instrument of commerce," but few who...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!