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The Decline of the United States Dollar

The Decline of the United States Dollar

The decline of the American dollar is still rapidly in motion as a set of fiscal and spending policies by the American federal government create a perfect monetary and economic storm. The continued strength of the dollar at the end of 2012 is more a symptom of the weakness and in one case the non-convertibility of other currencies. As much as a number of countries would like to disembark from the American dollar the alternatives are not plausible given present economic conditions […]