[tcrlaf]

$1 Canadian now equals $1.001 US Dollars.
In 2008, it was around $.80 US Dollars.
We get around 24% of ALL of our oil from Canada.

The Fed has injected so much liquidity (Printed Dollars) in to the markets in the last few months, that it has SIGNIFICANTLY DEVALUED THE DOLLAR, vs other currencies, especially oil-based ones, like the Canadian Dollar.

But hey, as long as the Ponzi last past the Novenber election, it’s all good. Right?

[upchuck]

The Fed has injected so much liquidity (Printed Dollars) in to the markets in the last few months, that it has SIGNIFICANTLY DEVALUED THE DOLLAR

Correct!

And that is why other countries are beginning to discuss replacing the American dollar as the world reserve currency.

You see very little about this in the press. But if it happens, it will put a hurt on the US the likes of which it is hard to imagine.

An ex tag line of mine: Think you know hardship? Wait till the dollar is no longer the world's reserve currency.