Volume 27, Number 5 · April 3, 1980

Passing the Buck

By Nicholas von Hoffman
The Fate of the Dollar
by Martin Mayer

Truman Talley/Times Books, 376 pp., $15.00

Martin Mayer's tale begins back in the happy days of Good King Ike, when Americans coursed about the globe, displaying the contents of their wallets with the same pride and to the same effect as the sons of that earlier imperial republic used to tell foreigners in their own capitals, 'civis romanus sum.' Our guns were respected but our money was venerated. It was the Almighty Dollar in a manner no one much younger than forty can believe, but which Mayer tries to depict by giving some of the underlying numbers which made our currency so strong:



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