[The Great RJ]

The run on the dollar in world currency markets doesn’t make much sense as the US economy grew at 3.6% last quarter despite the housing loan debacle. Could it be that anti-US speculators or perhaps George Soros are contributing to the dollar’s decline in an effort to damage the US economy or do I need more tinfoil in my hat?

[Alberta's Child]

The decline in the dollar is not based on reactions to "yesterday's news" . . . it's based on forecasts of tomorrow's news. Foreign investors are loathe to invest in the U.S. because they know damn well that a period of massive inflation and/or exorbitant tax hikes are going to be needed to pay out of our financial mess (specifically with regard to huge unfunded liabilities for Medicare and Social Security).