1. The value of the American Dollar
However, the falling value of the dollar, taken in the context of the United State's trade deficit makes perfect sense, and follows the economic theory." ... Brad Delong, an economic historian at the University of California at Berkeley, keeps a interesting journal in his internet journal (blog). ... According to the Economists, if not for the American current account deficit habits, while plainly unsustainable, the world would have no positive economic growth. ... An in depth analysis of the trade deficit seems to be impossible on television, Kudlow and Kramer seemed to only mention t...
- Word Count: 1225
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate