Among Other Things, the Dollar

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theshirtproject

1 year ago

In the 19th century, a popular economic theory looked to the sun for economic forecasting. Economists who found a correlation between sunspot activity and the business cycle were convinced that the sun’s activity affected agriculture enough to influence the economic cycle. Since then, the term “sunspots” has taken on a new life in modern economics to describe random, external variables that have no direct effect on economics.



The value of the American dollar has been on a steady decline since 2002. In the last quarter of 2007, it reached parity with the Canadian “loonie” and saw a new low against the Euro. A slim dollar means many things for Americans. Among them is a slew of news stories about the nation’s failing economy, including the recent scare over a Jay-Z music video.

sahadeva

1 year ago

brilliant. My second favorite to the sun shirt.
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