In recent years, the value of the U.S. dollar has fluctuated wildly. Japanese investors have lost billions in U.S. markets, causing an almost unprecedented run on the dollar. Tug of War is the riveting story of this flow of money around the globe and what it means for us today.

Paul Erdman, well-known for his ability to predict financial markets, clearly explains the tangled basis and continuing strength of the currency crisis, gives his predictions for the future, and offers advice to market masters on the direction they should pursue. Significantly updated for this paperback edition, Tug of War is certain to be one of the most important financial books of this or any other year. Readers will not want to be left out when Erdman predicts the winner in this economic battle.

"This concise, lucid primer... will transform the financially illiterate person into an armchair expert on such topics as currency markets, derivatives and international trade". -- Publishers Weekly