Baby Steps to a Post-Dollar World
Posted on 04/01/2013
Over the past decade, the American-centric base of economic power has been shaken. Mounting deficit spending, a financial meltdown, lackluster sustainable GDP growth and growth of the Federal Reserve’s balance sheet have negatively affected the long-term economic health of the United States. During the late 1920s, the U.S. dollar surpassed the pound as the world’s…
