“Dollar is like democracy – everything else is worse”
Published: 14 October, 2009, 04:46
Edited: 14 October, 2009, 17:01
TAGS: Crisis, Currencies, USA, Economy
The US dollar is gradually declining and emerging economies want its role in global commerce weakened. But the dollar is like democracy – everything else is worse, says Thomas Palley from the New America Foundation.
13.10.2009, 22:28
1 comment
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4 comments
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IF dollar falls down - it will be good for me, because took the credit in dollars.