Kiss the dollar good bye and wish it well on its trip down

Having been in Europe not too long ago, I witnessed firsthand the ridiculously little I could get for my Ben Franklins over there. But after hearing Federal Reserve chairman Ben Bernanke’s testimony today, all I can say is I’m glad I wasn’t travelling now, or a few months from now. Facing the rock of U.S. financial collapse and the hard place of growing inflation/weakening dollar, Ben has tried to squeeze through a shrinking middle way of late, especially in the Fed’s last official interest rate pronouncement. Way, way back on June 25, Ben and his colleagues said the financial world was improving slightly and inflation was the growing problem. Today? Well, I guess we have always been at war with Eastasia.

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