The Future of the Dollar
U.S. Financial Power Depends on Washington, Not Beijing
For those who were close to international events in the nineteen twenties and took a part in the errors and shortcomings of the next decade, there is a fascination in contrasting the two world wars with the experience of the present time. If we can learn from a generation ago and apply the lessons of that period to our present problems, we might render a useful service, for even then all was not folly.
The casualty lists of the First World War were cruel and horrifying. They were also much heavier in proportion for France and for the British Commonwealth than those of the longer Second World War. The few survivors of my own age soon grew used to hearing themselves referred to as the missing generation. The tag was true, and the extent of the holocaust created an intense determination to prevent its return. The claim that we were