1 Myth 1: The Trade Deficit Reflects U.S. Competitiveness
2 Myth 2: The Current Account Deficit Drives the Dollar
3 Myth 3: You Can't Have Too Much Money
4 Myth 4: Labor Market Flexibility Is the Key to U.S. Economic Prowess
5 Myth 5: There Is One Type of Capitalism
6 Myth 6: The Dollar's Privileged Place in the World Is Lost
7 Myth 7: Globalization Destroyed American Industry
8 Myth 8: U.S. Capitalist Development Prevents Socialism
9 Myth 9: The Weak U.S. Dollar Boosts Exports and Drives Stock Markets
10 Myth 10: The Foreign Exchange Market Is Strange and Speculative
11 Summary and Some Thoughts on the Way Forward
"Exposing Dangerous Myths About Trade and Foreign Exchange"
-Marc Chandler
