exposing dangerous myths about trade and foreign exchange Chandler, Marc. 1961- creator text bibliography nyu New York Bloomberg Press 2009 1st ed. monographic eng

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xxv, 212 p. : ill. ; 24 cm. "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. Myth 1: the trade deficit reflects U.s. competitiveness -- Myth 2: the current account deficit drives the dollar -- Myth 3: you can't have too much money -- Myth 4: labor market flexibility is the key to U.S. economic prowess -- Myth 5: there is one type of capitalism -- Myth 6: the dollar's privileged place in the world is lost -- Myth 7: globalization destroyed American industry -- Myth 8: u.s. capitalist development prevents socialism -- Myth 9: the weak u.s. dollar boosts exports and drives stock markets -- Myth 10: the foreign exchange market is strange and speculative -- Summary and some thoughts on the way forward. Marc Chandler. Includes bibliographical references (p. 203-205) and index. Foreign exchange United States Dollar, American Balance of trade United States 332.4560973 CHM 2009 9781576603215 (alk. paper) DLC 140201 20211208235451.0 13510 eng