THE FICTION OF THE DOLLAR

Authors

  • R F ANGUS

Abstract

After reviewing the change in currency from gold to the dollar and the hardship it caused, this brief article addresses the injustices involved in abrupt changes to the purchasing power of the dollar and explores possible alternatives. The author advocates the use of constant dollar pensions and constant dollar contracts, urging further research into alternative solutions.

Keywords:

Economics

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Published

1953-03-01

Issue

Section

Legal Commentary