Demise of the dollar : from the bailouts to the pandemic and beyond / Addison Wiggin.

Third edition.

Hoboken, New Jersey : Wiley, [2023]

©2023

1 online resource : illustrations (some color)

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"A weaker dollar buys less in foreign goods. This increases the price of imports, contributing to inflation. As the dollar weakens, investors in the benchmark 10-year Treasury and other bonds sell their dollar-denominated holdings. Contracts for oil and other commodities are usually denominated in dollars. As a result, historically, there has been an inverse relationship between the value of the dollar and commodities prices. Essentially, as the value of the dollar falls, the dollar-denominated prices of these commodities must rise to reflect their unchanged intrinsic value"-- Provided by publisher.

O'Reilly Safari. OCLC KB.

Print version: Wiggin, Addison. Demise of the dollar Third edition. Hoboken, New Jersey : Wiley, [2023]

Books / Online

English

October 03, 2023

Includes bibliographical references and index.

John Wiley & Sons, publisher.