Quote by: Martin Feldstein

But then in April of 1985 the dollar began a sharp decline. The dollar's trade weighted value fell 23 percent in just 12 months and by a total of 37 percent by the beginning of 1988.


Share this:  

Author Bio


  • NameMartin Feldstein
  • DescriptionAmerican economist
  • BornNovember 25, 1939
  • CountryUnited States Of America
  • ProfessionEconomist
  • AwardsAdam Smith Award