I hope you are right as I do not wish for a dollar collapse. But I think the possibility is out there, especially if the gov’t continues to spend more than it receives (confiscates). If our increased oil production saves us, it will be in spite of the liberals, not because of them.
I hope you are right as I do not wish for a dollar collapse.
Look at this graph of the dollar index http://www.marketwatch.com/investing/index/dxy
The dollar has been trending up since 2011 (and generally sideways since 2008.) The two big pressures on the dollar are the downward pressure of the QE’s and upward pressure of rising oil production.
But I think the possibility is out there, especially if the gov’t continues to spend more than it receives (confiscates).
..............
True but government deficits are fast falling—just as they did in the clinton years when a rising economy and budget caps put in by Newt’s congress gave clinton his only bragging rights.
If our increased oil production saves us, it will be in spite of the liberals, not because of them.
.......
you have this exactly right.