Is it really the $US is ugly in the world, may be or may not be so. May be because it is called in fact used as “the dollar is the international reserve currency” and “this is the root cause of our present problems” if it is may not be because “during the past few years was built on loose US monetary policy that kept interest rates unrealistically low and allowed US consumers to live beyond their means”.
Read more “The good, the abd and the ugly” by Mythili Bhusnurmath an Economic Times Columns.
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