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Thursday
Jul102014

Is the Dollar Doomed?

I think that a lot of "hard money types" do not properly evaluate the state of the dollar. While the outlook is bad, the catastrophic school forgets that the outlook is even worse elsewhere. As one wag put it, American has the cleanest dirty shirt. 

So while I do not expect the dollar to "end" in the next 6 years, I do expect a crisis worse than the one in 2008. 

Here is an interview with a hard money type that expects the dollar to "end." 

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