[hinckley buzzard]

The dollar's loss is relative to the euro and to a lesser degree a few other currencies. Currencies wax and wane against each other. The important attribute is buying power, which has much more to do with inflation and interest rates, than trade deficits and foreign central banks. I notice he mentions neither in this screed. All he can manage is a huff and puff against WalMart!

[Bogie]

You are absolutely correct. Currencies are constantly fluctuating against one another. The real value lies in the technological infrastructure of the industrial economy. Four times when the currency seems weak, it is prudent for investors to keep some of their money in foreign currencies, some precious metals and heaven knows, perhaps even the baseball card collection. The currency is a reflection of value. It can be expected to fluctuate.

I find it strange that people with panic over the value of the currency if nothing has fundamentally changed with the industrialized economy. Just diversify. Time and circumstance will change things.