The Fall of the U.S. Dollar

Paper Summary:

This paper explores the U.S. dollar and the effects of its devaluation. The paper also argues the pros and cons of a weak dollar and examines measures the U.S. government and consumer can take to slow or prevent the the dollar's decline.

From the Paper:

"Since the beginning of advanced civilization, trade and economy has revolved around currency. Currency provides a uniform medium for the exchange of goods and services, and facilitates economic activity. As world economies become more and more reliant upon each other, the difference in valuation of national currencies becomes increasingly important in projecting markets. For the purposes of this paper, I will explore why the United States dollar has fallen recently in the context of macroeconomics, and identify the advantages and disadvantages of a "strong" national currency."

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