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Applied Research: Decline of the US Dollar and an Alternative to Current Policy

DOI: 10.4236/ojps.2015.53023, PP. 219-223

Keywords: Capitalism, Limited Government, Free Market Economy, Supply and Demand

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Abstract:

Some spectators have put forth the argument that the dollar, which is the US currency, is declining and is heading toward a decisive collapse. The first point is true, as the evidence indicates. The second, that the dollar is headed for a collapse, is not accurate. This applied research sets out to define a practical solution to currency devaluation. Scholarly opinions, theory, and empirical evidence are investigated at large. The conclusion is drawn based on an analytical understanding: A market-based economy, coupled with a limited government, is the alternative to current policy. The current national state in America is viable, but the conclusion in this research is presented with a different view.

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