The Change of the US Dollar Abstract The US dollar is considered one of the most stable in the world. Many developing nations depend on it as the basis for their own currency. However, decreases in key indicators of consumer spending indicate that consumers no longer feel confident in the value of the dollar. Huge deficits are the key culprit in this lack of consumer confidence. The dollar has been in a trend of losing value against many other major world currencies. The results of this trend are questionable and differ according to which analyst one tends to believe. Opinions differ from little impact to catastrophe. In the end, only time will tell what the outcome of the crisis will be. The Change of the US Dollar Public policy is often times reactionary and the result of hindsight rather than foresight. Public policy regarding finance is often the result of crisis or impending crisis rather than carefully planned financial strategy. The US dollar has become the standard for international trade, and in some ......

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