The world economy's reliance on the dollar smacks of dysfunctional co-dependence whereby the US and the rest of the world both rely on the dollar's strength, but neither is well served by it.
The world economy's reliance on the dollar smacks of dysfunctional co-dependence whereby the US and the rest of the world both rely on the dollar's strength, but neither is well served by it.
BY Thomas I. Palley 27 June 2006
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