Despite Carping, Dollar Is Still King
February 7th, 2010
| Category: Economy
The Chinese and the Russians love to dump on the dollar. The International Monetary Fund dreams that some day its unofficial currency, the SDR, may become the worlds reserve currency. But for now, at least, the dollar is still king. According to a study by Linda Goldberg , an international economist at the New York Fed , the dollar remains the worlds top currency by a long shot when measured in a number of different ways. Those include…
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