Word: dollarses
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For all its salutary rudeness and its flashes of male nudity that few will find erotic, Observe and Report eventually chickens out. The apparently unbreakable rule of modern comedy is that audiences not only have to laugh while they're watching it, they must also leave with a smile, a...
The test track really did not cost very much compared to Chrysler's total marketing budget which stretched into the tens of millions of dollars each year. But, it looks bad to have the firm's CEO hot dogging in a 4x4 on artificial sand and boulders when he has...
After a period of a few weeks in which investors and analysts felt a little better about the prospects of the economy at the end of the year, the pallbearers have returned. The enthusiasm about a recovery in the banking system was sandwiched by bad news from bank analysts who...
Or maybe not. In the past few weeks, another rival to the dollar - created in 1969 but dormant for most of the time since - has made a spectacular re-entry onto the world scene. It goes by the ungainly name of special drawing right (SDR), and it is the currency...
Since then, we've had an international monetary system in which the dollar is the main store of value. When countries want to protect themselves from the vagaries of global financial markets, they stockpile dollars the way nations in previous eras hoarded gold. This stockpiling has enabled the U.S. government...