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by WheelsAtLarge
247 days ago
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The dollar index has fallen 11% this year and it doesn't seem to slow. It's great for assets, Gold being a prime example, and people with assets but bad for consumers. It's hard to see how this will not turn into inflation since we import so much and those good are only getting more expensive. We don't have an asset bubble the prices are just adjusting to the lower dollar. I bet the FED will have to increase interest rates next year and that's when we'll see a collapse of asset values and since markets tend to over correct, it's going to be painful for all holders. Be ready... |
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