Mises Daily
Author:
Antony P. Mueller
Online Publish Date:
When confronted with complaints about the falling value of the dollar, the U.S. official is said to have responded to his European visitors: “The dollar is our currency, but it’s your problem.” That was in 1971. The politician to whom this statement is attributed was John Connally, who at that time served as the secretary of the U.S. Treasury. His