The almighty dollar is causing problems at home and abroad
A country's currency is usually regarded as a symbol of national vitality. A strong currency is seen as a sign of a vibrant, confident country; a weak one is considered an indication that a nation is on the skids. For nearly three years the U.S. dollar has been riding high, perhaps too high and for too long. Now the almighty dollar's very robustness is creating alarm both in the U.S. and abroad. Says Commerce Secretary Malcolm Baldrige: "As the ancient Greeks said, 'An individual's...
To continue reading:
or
Log-In
