Is the US Dollar no longer worth anything? Is Jay-Z the new Alan Greenspan?
Posted by Mike Volpe on Tue, Nov 20, 2007
Rappers are starting to brag about Euros... has the slide in the value of the US Dollar really gone that far? Are you no longer "successful" if you have US Dollars? Scary.
A recent song/video from Jay-Z talks about how he carries Euros because of the falling value of the US Dollar. This got coverage in the Wall Street Journal on 11/19/07 and elsewhere. One WSJ blog called Jay-Z the new Alan Greenspan.
I'm not sure if Jay-Z is truly a legendary economist, but he is certainly one of the most clever marketing minds of our time. Just do a Google search for Jay-Z Euro and see how much PR coverage he got from this.
See this video that shows a clip from the Jay-Z video: