The Dollar: How To Fight Back

Christopher Farrell misses the point in "The dollar doesn't deserve this thumping" (Cover Story, Mar. 20). The first problem for the dollar is the decade-long reversal of the U.S. from world's largest creditor to the world's largest debtor. Secondly, the policy of benign neglect toward the dollar has made it less and less attractive for foreign investors to continue financing the U.S.

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