Finance:Superdollar (economics)
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Short description: Period of extreme strength of the United States dollar
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The term superdollar is sometimes used to refer to a period of extreme strength of the United States dollar , relative to other currencies, particularly in the 1980s.[1][2] This period ended when the G7 countries, concerned about the American trade deficit and the resulting protectionism, agreed to cooperate in the devaluation of the dollar in the Plaza Accord.
References
- ↑ Cooper, James C.; Kathleen Madigan (2002-03-11). "U.S.: There's a Cloud inside That Silver Lining". BusinessWeek. http://www.businessweek.com/magazine/content/02_10/b3773046.htm. Retrieved 2008-03-04.
- ↑ Federal Reserve Bank of Minneapolis - The Region - Book Review: The Confidence Game (December 1996)
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