The currents of US currency

(Image: Getty)

Fri, 25 Apr 2025

By James GrantYears usually separate an author’s first keystroke from his book’s first sale. Kudos, then, to the authors of King Dollar and Our Dollar, Your Problem on their improbably excellent timing. They’ve hit today’s headlines on the wing.What’s wrong with the dollar? The world is clamouring to find out. In troubled times, investors usually fly to it, not from it. But gold and German government bonds are displacing the dollar and US Treasurys as preferred destinations for the world’s frightened mon...

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