[OPE-L:8256] The Demise of the Dollar?

From: Alejandro Valle Baeza (avalleb@prodigy.net.mx)
Date: Tue Dec 31 2002 - 16:21:36 EST

The Demise of the Dollar?
This article is the L. v. Mises Institute, is quite interesting.

"The consequences of a markedly diminished position of the US dollar would be dramatic and of global proportions. While it would affect all economies that are closely related to the US economy, the major impact would fall on the United States itself. A demise of the US dollar as the dominant global currency would mean that the current relation between domestic absorption and production could no longer be maintained."

Full history:

best wishes to all ope-l's 


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