Superdollar (economics)
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For the near-perfect counterfeit of a United States banknote, see Superdollar.
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 G-7 countries, concerned about the American trade deficit and the resulting protectionism, agreed to cooperate in the devaluation of the dollar in the Plaza Accord.
[edit] References
- ^ Cooper, James C., and Kathleen Madigan. "U.S.: There's a Cloud inside That Silver Lining", BusinessWeek, 2002-03-11. Retrieved on 2008-03-04.
- ^ Federal Reserve Bank of Minneapolis - The Region - Book Review: The Confidence Game (December 1996)
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