[EagleUSA]

OK, so when does the fed devalue the dollar?? The debt will NEVER be paid, so when does the house of cards come down?

[cinives]

Since the dollar has lost about 40% of its value this year, the devaluation is already underway.

[rhombus]

The debt will NEVER be paid, so when does the house of cards come down?

Oh easily by 1976... or if not then surely by 1980... or if not then of course by... Voodoo economics, I tells ya... voodoo economics...

[jiggyboy]

OK, so when does the fed devalue the dollar??

Every time they drop interest rates for no good reason. As noted in the other post, this has been abetting the dollar decline for some time now.

[pby]

The dollar has been considerably devalued. It is at an all time low on the USDX. It's value has steadily been falling since 2001. Last Wednesday it closed in the 74 range. Some economist state that the dollar is unsustainable at this level.