Superdollar (economics)

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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 G7 countries, concerned about the American trade deficit and the resulting protectionism, agreed to cooperate in the devaluation of the dollar in the Plaza Accord.

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References

  1. Cooper, James C. & Kathleen Madigan (2002-03-11). "U.S.: There's a Cloud inside That Silver Lining". BusinessWeek . Retrieved 2008-03-04.
  2. Federal Reserve Bank of Minneapolis - The Region - Book Review: The Confidence Game (December 1996)