Judy Shelton

Judy Shelton Articles

'Inexplicable' Exchange Rates
By Judy Shelton - October 29, 1998
Just when everyone was betting that Japan's yen would continue to weaken against the U.S. dollar, guess what happened? The yen halted its decline and went from 135 yen to the dollar on Oct. 1 to 110 yen to the dollar on Oct. 8, which meant...
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In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.

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