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Show j Our "Baloney" Dollar i I It is interesting to read that the j dollar remains the strongest currency cur-rency in the world despite the increase in-crease of the federal indebtedness an! our continuing governmental ! deficits. Finance, especially internation-! internation-! al finance, is a subject upon which ignorance is thick and profound. We remember that when the United States devalued the dollar there were rash predictions about dire results and there was much derision heaped upon the "baloney" "ba-loney" dollar. Since that occasion however, gold has poured into the United States. There is enough yellow metal in this country to redeem all existing currency with more than enough left over to repeat the transaction. The American dollar may not be a perfect coin but so long as it is the strongest currency in the world that ought to be good enough. |