Yes, the dollar is rallying. It's been on a tear the past week.
It must be because the U.S. economy has turned around.
The deficit no longer needs to be financed with over $2 Billion a day in foreign investment.
Interest rates are appropriately high to be able to fight this soaring inflation.
The US government has stopped spending wildly, and the Budget is balanced.
The mortgage lenders have recovered all of their losses.
There is no longer a credit crunch.
And the war is the Middle East is finally over - the US is dismantling its gigantic military empire and has decided to use that money on improving our decaying infrastructure.
Because of all these factors, I believe the US Dollar will continue to keep on strengthening. According, I will be selling all my foreign currencies along with my gold and silver coins!
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2 comments:
that's hilarious!
Actually thats kind of a good way of illustrating that the nation still faces some fundamental challenges.
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