The collapse of the Dollar is most worrisome. If the Dollar ceases to be the World Reserve Currency, look out. No more printing money like it grows on trees.
The US cavalier attitude toward the value of the Dollar will accelerate the migration away. The world relies on oil and transactions are mostly completed in US dollars. Our monkeying with the worth of the dollar IS causing world prices to increase. If the world abandons the US dollar, we are ultra screwed.
The collapse of the USD? have you not looked at currencies this year? The dollar is having a record year and is up again today big! Which currency do you think is going to replace the dollar?
“The collapse of the Dollar is most worrisome.”
No, it’s not. The Dollar is easily the best horse in the glue factory.