Book Details
Speculation and the Dollar
Summary
Offering a contribution to our understanding of foreign exchange markets, Laurence Krause sets out to demonstrate how speculation in foreign exchange has played a large role in creating sizeable currency bubbles, which in turn have increased pressure on currency during periods of crisis.
Author Bio
Laurence A. Krause is an economist and author known for his work on international finance and foreign exchange markets. In Speculation and the Dollar, he examines how speculation can influence currency values and contribute to the formation of exchange-rate bubbles, especially under crisis conditions. His writing reflects a strong interest in the behavior of markets, the role of expectations, and the pressures faced by currencies in a global financial system.
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