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Whenever trouble threatens the world, the American dollar strengthens against other currencies. The strength of the dollar reflects the belief amongst investors that the USA is the country in which capitalism is safest. Such interpretations of the strength of business in the USA are common. The comment attributed to Eisenhower's Secretary of Defence that 'what is good for General Motors is good for the United States' may have been a slight misrepresentation of his remarks. The remark was, however, picked up by many as symptomatic of the degree to which capitalism in the USA is unchallenged. It is indeed the case that most Americans explicitly support a capitalist market system.
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