Magazine content is available exclusively for TIME subscribers.Business: Can Anything Help the Dollar?
The crises now are coming week by week, and fresh ideas are scarce
The breathing space between dollar crises used to be measured in years, but now it has been cut back to weeks. If last December's tumultuous plunge of the greenback was the worst since the currency upheavals of 1973, its place in the recordbooks was short-lived indeed. Last week the dollar bears were again on the prowl, clawing the bleeding buck to new and worrisome lows against the Japanese yen and nearly all the major trading currencies of Europe.
The dollar's worst performance...
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