“Record high in devalued dollars.”
Devalued as compared to what other currency?
The TV show “Raising Hope” did a very good illustration of libmoneythink during their last season.
Burt decided to print his own money for transactions with his neighbors.
It worked until he got the “Dorkbama” syndrome.
“Devalued as compared to what other currency?”
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The U.S. Dollar itself. The Fed Reserve has at least tripled the money supply since 2008 (probably quadrupled or quintupled).
Lots of debased dollars out there these days backed by the full faith and credit of an insolvent government.