Making Sense of the Dollar: Exposing Dangerous Myths About Trade and Foreign Exchange by Marc Chandler

Bridget's reviewby bridget3420

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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.

The Better Investment You Should Considerby ALMONTY

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August 19, 2009: Regardless of your background, you have been drawn into the dark world of foreign exchange or FOREX.

Whether you know it or not, THE DOLLAR will become the number ONE issue to confront an American public long removed from financial realities. Swirling around one bad economic headline after another, is the constant chatter of the end of the American era, the demise of the dollar. With the current financial crisis swallowing American pride, we are groping for direction. With Washington rushing Americans headlong into a strange new world, deepening doubts about our ability to survive. This book sheds a bright light in an easily understood manner of the realities for the dollar.

Chandler de-mystifies foreign exchange providing the sound basis for an easy understanding of whats, whys and hows concerning FOREX and the US dollar. He does so through a convincing set of arguments that also lay out a potential for significant rewards. He presents real alternatives to all the negative headlines and doom sayers that indicate that America is dying as a world power

I strongly recommend that our new President along with Oprah read, promote and understand this book. Withstanding the current economic crisis while bearing up to the realities of a President on OJT, the dollar is set to continue as the main currency of the world.

Chandler knows his stuff. So should you!