“But then in April of 1985 the dollar began a sharp decline. The dollar's trade weighted value fell 23 percent in just 12 months and by a total of 37 percent by the beginning of 1988.”
Quote by Martin Feldstein
Author
Martin Feldstein
Martin Feldstein, born on November 25, 1939, is a renowned American economist who served as the Chairman of the Council of Economic Advisers under the U.S. President. He has made significant contributions to the fields of tax policy, social security, and international economics. more