{"product_id":"making-sense-of-dollar-hardcover","title":"Making Sense of Dollar - Hardcover","description":"\u003cp\u003eby \u003cb\u003eMarc Chandler\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003eHas the greenback really lost its preeminent place in the world? Not according to currency expert Marc Chandler, who explains why so many are--wrongly--pessimistic about both the dollar and the U.S. economy. \u003cbr\u003e \u003cbr\u003e \u003ci\u003eMaking Sense of the Dollar\u003c\/i\u003e explores the many factors--trade deficits, the dollar's role in the world, globalization, capitalism, and more--that affect the dollar and the U.S. economy and lead to the inescapable conclusion that both are much stronger than many people suppose. \u003cbr\u003e \u003cbr\u003e Marc Chandler has been covering the global capital markets for twenty years as a foreign exchange strategist for several Wall Street firms. He is one of the most widely respected and quoted currency experts today.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eIS THE DOLLAR LOSING ITS LUSTER AS A WORLD CURRENCY?\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eHas the credit crisis forever tainted the U.S. dollar? Will the euro or the yuan replace the U.S. dollar as the world's currency? Marc Chandler argues convincingly that many people are wrongly pessimistic about both the dollar and the U.S. economy. The United States remains a vibrant and innovative country despite the severe credit crisis. \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eMaking Sense of the Dollar\u003c\/i\u003e, Chandler acknowledges the existence of trade deficits while advising against sacrificing growth and development. Investors and policy makers need to think about money and trade in a different way. He casts a critical eye at ten myths that contribute to our misperceptions: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eTrade deficits reflect a lack of U.S. competitiveness\u003c\/li\u003e \u003cli\u003eThere is only one type of capitalism\u003c\/li\u003e \u003cli\u003eGlobalization destroyed American industry\u003c\/li\u003e \u003cli\u003eThe era of the dollar as the global currency is ending\u003c\/li\u003e \u003cli\u003eA weak dollar boosts exports and drives stock markets\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThese assumptions and others are debunked by Chandler. His inescapable conclusion is that both the dollar and the U.S. economy are much stronger than many people suppose, even in the face of market turmoil and economic displacement. The new rules that emerge from the credit crisis will undoubtedly create new incentives and disincentives, which, in turn, could influence the contours of U.S. strategy for economic expansion.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eMARC CHANDLER\u003c\/b\u003e has been involved in global capital markets for twenty years. He is Chief Foreign Exchange Strategist at Brown Brothers Harriman and served as Chief Currency Strategist for HSBC Bank USA. Chandler is a prolific writer, contributing to such media as TheStreet.com, \u003ci\u003eCurrency Trader\u003c\/i\u003e, \u003ci\u003eBarron's\u003c\/i\u003e, and the \u003ci\u003eFinancial Times\u003c\/i\u003e. He maintains an active speaking schedule and also teaches at New York University in the School of Continuing and Professional Studies. \u003c\/p\u003e\u003cp\u003eReaders may contact the author at marcmakingsense@gmail.com.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 240\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.77 x 9.18 x 6.3 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e August 19, 2009\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eAward:\u003c\/strong\u003e Independent Publisher Book Awards (2010)\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51760501522720,"sku":"9781576603215","price":27.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/699e4138ba192df02e6fa031f53a9b99.webp?v=1780181660","url":"https:\/\/ebocreations.com\/products\/making-sense-of-dollar-hardcover","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}