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Friday, April 25, 2008

The Next Great Global Currency

"My money would be on the US dollar remaining the world's great currency ten years from now. It is not that I particularly like the US dollar's long-run external fundamentals. Rather, it is that I dislike even more the world's other major currencies' fundamentals."

The Next Great Global Currency
by Desmond Lachman
http://www.aei.org/publications/pubID.27867/pub_detail.asp

1 comment:

chibi said...

"...i dislike even more the world's other major currencies' fundamentals." interesting way to put it...