The Wildly Sanguine Views Of The U.S. Dollar Drop

Lately there have been a variety of opinions and articles stating that the decline of the U.S. Dollar is either not something to be (unduly) concerned about, or even that such a falling U.S. Dollar will be beneficial. The logic behind these opinions is various.  One, that is particularly notable, is that the U.S. Dollar … Read moreThe Wildly Sanguine Views Of The U.S. Dollar Drop

U.S. Currency Weakness – A Few Thoughts

I have written many posts concerning the vulnerability of the U.S. Dollar to a substantial decline, and the ill-effects such a decline would have on the U.S. economy and markets. The U.S. Dollar is now at 75.65, and is exhibiting weak “price action” and weak technicals.  As one can see from the following chart, the … Read moreU.S. Currency Weakness – A Few Thoughts

Alan Greenspan On The Primary Purpose Of A Central Bank

On January 7, The Wall Street Journal conducted an interview of Alan Greenspan. I found a few aspects of this interview to be interesting.  Perhaps most notable was the following comment by Greenspan, seen at the 13:58 mark: “…the primary purpose of a central bank is to protect the value of the currency…” I will … Read moreAlan Greenspan On The Primary Purpose Of A Central Bank

Keynes Quote On Currency Debasement

As those familiar with this blog know, I am very concerned about the vulnerability of the U.S. Dollar to a substantial decline.  I have written extensively about this situation. I think the following quote on the subject of currency debasement is particularly noteworthy.  It is from John Maynard Keynes, from his book Economic Consequences of … Read moreKeynes Quote On Currency Debasement

Monetary Policy And The U.S. Dollar

As those familiar with this blog know, I am very concerned about the vulnerability of the U.S. Dollar to a substantial decline.  I have written extensively about this situation. On November 12, Macroeconomic Advisers had a blog post from Larry Meyer that discussed monetary policy (focused on QE2) and the U.S. Dollar.  While I don’t … Read moreMonetary Policy And The U.S. Dollar

The Value Of The Dollar – Since 1913

In the November 25, 2009 post I commented upon how Ron Paul has repeatedly mentioned that the dollar has lost over 95% of its purchasing power since the founding of The Federal Reserve in 1913. This fact lacks recognition, as does its implications and consequences. Recently I came across a feature on the Minneapolis Federal … Read moreThe Value Of The Dollar – Since 1913

Ron Paul On The U.S. Dollar

One of the facts that Ron Paul frequently quotes is that since the Federal Reserve’s inception (it was created in 1913) the U.S. Dollar has lost more than 95% of its purchasing power. I wonder how many people are actually concerned by this occurrence?  I hardly ever hear this discussed among people or by the media. They … Read moreRon Paul On The U.S. Dollar