Making Sense of the Dollar: Exposing Dangerous Myths About Trade and Foreign Exchange by Marc Chandler
BUY IT NEW
- $27.95 List price$22.36 Online Price$20.12 Member price(Save 28%)Limited Time Offer! Everyone receives the Member Price on books.
See Details
Reserve it at BN.com & pick it up in 60 minutes at your local store.
Enter a zip code
(Hardcover)
- Pub. Date: August 2009
- 240pp
- Sales Rank: 42,529
Buy it Used: 9 copies from $17.52 See All Available
Customers who bought this also bought
Product Details
- Pub. Date: August 2009
- Publisher: Bloomberg Press
- Format: Hardcover, 240pp
- Sales Rank: 42,529
- ISBN-13: 9781576603215
- ISBN: 1576603210
Synopsis
Has the greenback really lost its preeminent place in the world? Not according to currency expert Marc Chandler, who explains why so many are wrongly pessimistic about both the dollar and the U.S. economy. 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 leads to the inescapable conclusion that both are much stronger than many people suppose.
More Reviews and RecommendationsBiography
Chandler is currently chief foreign exchange strategist at Brown Brothers Harriman. He contributes to TheStreet.com and Seeking Alpha, the Financial Times, and Barron's and appears on a number of national news stations and reports. He is an associate professor at New York University in the School of Continuing and Professional Studies.
Customer Reviews
- Reader Rating:
- Ratings: 3Reviews: 3
- See All Reviews
Cantankerous currency exposéby RolfDobelli
Reader Rating:
See Detailed Ratings
January 05, 2010: Marc Chandler is one of the most widely respected, prolific pundits on currency markets and foreign exchange. In this book for lay readers, he summarizes "dangerous myths" about currency markets and foreign exchange. The myths are dangerous because they can lead to the kinds of mistakes in public opinion that generate disastrous political and economic policymaking. getAbstract recommends this accessible book and finds that Chandler does an excellent job of summarizing and countering some of the most wrongheaded, naïve or confusing blunders, blinders and bewilderments that vex discourse about the dollar, the trade deficit and the economic strengths of nations.
Bridget's reviewby bridget3420
Reader Rating:
See Detailed Ratings
September 11, 2009: This book shows how American's aren't actually in that bad of shape with the current recession. Chandler states that, "The credit crisis of the U.S. dollar, nor will the euro or yuan replace the dollar as the world's currency. The U.S. economy is much more durable and innovative than people suppose, even in the face of market turmoil. Policy makers, investors - and the public - need to start thinking about the dollar and trade in a different way."
Here are just a few examples of how Marc explains the following myths:* The trade deficit reflects U.S. competitiveness.* Current account deficits drive currencies.* Labor market flexibility is the key to U.S. economic prowess* Globalization has destroyed American industry.* The dollar's privileged place in the world is lost.I tend to be an optimist so I thought this was a great book to help me understand that maybe the country I live in, isn't as bad off as I thought. If an expert is optimistic, that gives me more hope than I already had. If you're worried about the current state of U.S. currency, I recommend this book.I Also Recommend: Making Sense of the Dollar.
Loading...