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What happened to the value of the US dollar? Think it will bounce back?


What happened to the value of the US dollar? Think it will bounce back?

Beacuse our government owes China around 3 trillion dollars. Our "Federal Reserve Bank" has printed up tons of fiat money out of thin air, causeing every dollar in our pocket to be worth less and less and driving the eventual bankruptcy from inflation to fund our foreign policy of imperial rule around the world.. Yes it will bounce back eventually. After we are no longer the only world superpower, but just another country bowing and taking orders from the emerging superpower that is China.

if the us dollar is worth less than canada's, you know something is wrong.

The US Dollar has eroded against other currencies for a variety of reasons. One of these, among others, is the decline in real estate values. As banks lose money from people not paying, the value of the companies go down. Also, because banks are supposed to take care of money and their portfolio is down, consequently, their worth is down. In addition, the government has been spending money hand over fist to fight the war on terror and because wars are wasteful, the value of a monetary unit will go down.

I sure hope so!

Are you worried about something specific?

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