30 March 2012

Dollar weakening on euro smokescreen

The celebration over the recent movements in the dollar may have been a bit premature, if the past two weeks are any indication.

When both currencies (and economies) are tanking, based on debt rather than growth, it's not surprising to see the dollar slip. The reality is that the dollar has also been sliding down for some time, but inflation has been propping it up and the public focuses on the current currency comparisons, rather than historical values against physical goods and services. 


Original Page: http://dailycaller.com/2012/03/30/dollar-weakening-on-euro-smokescreen/

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