inflation and the dollar
The Dollar Then and Now Highlights Why the Current Inflation Has Been Different from the Previous Bout
February 20, 2023
The dollar was a poorly bid currency during the high-inflationary period of the 1970’s. In the wake of World War Two, a new international monetary system based on fixed dollar parities and dollar-gold convertibility was established, and it performed well in the 1950’s and early 1960’s. Difficulties arose in the second half of the 1960’s […] More
