The Falling Dollar
If you like to start your week off with something to worry about, read todayâ€™s Wall Street Journal editorial on the weakness of the dollar. Itâ€™s one of those pieces you need to read in full, so I wonâ€™t excerpt. The gist? The declining value of the dollar is the real monetary crisis but the Fedâ€™s moves are exacerbating the problem and could plunge us into a deep recession.
The real threat to us commoners: inflation. On a level we havenâ€™t seen in a long time.