Tag Archives: dollar
Ghosts of the Plaza Accord
Imagine you found a magical bank that lets you borrow money at 0 percent interest. Naturally, you’d take that free money and put it into a high-yield savings account or the stock market to pocket the difference, right? Continue reading
Triggering the Dollar’s Fateful Demise
The dollar, as measured by the dollar index, is down about 7.68 percent since January 1. In the world of currencies, a 7.68 percent decline over four months is massive. Continue reading
Trumpism and the Fading Dollar
Trumpism seeks to correct the symptoms of trade imbalances on the back end with tariffs rather than snuffing them out at the root cause with honest money and a balanced budget. Without honest money and a balanced budget, all attempts to correct the trade distortions are pointless. On the whole, they may make things worse. Continue reading
Death of the Penny and What this Means for Gold
The death of the penny – a token – may be a practical matter. Why fabricate something at a loss? But, more so, it is the result of decades of reckless deficit spending in Washington. Continue reading
