Stiglitz On Consequences Of Death To The US Dollar

The strength of the dollar is becoming riskier and riskier. The growing U.S. deficit and the ballooning of the Federal Reserve’s balance sheets leave many worried that in their wake will come inflation, undermining the long-term attractiveness of the U.S. currency.

...should we care? What are the consequences?

From the November/December issue of The National Interest by Joseph E. Stiglitz, "Death Cometh for the Greenback," October 27, 2009.

Joseph E. Stiglitz is University Professor at Columbia University and the 2001 winner of the Nobel Prize in Economics. He served as chief economist of the World Bank from 1997 to 2000. (HT: Wayne Marr, a Twitter Follower)