The Weak Dollar Problem

Most folks are beginning to care about a weak dollar. The media is catching up with the subject.

Still, too many are still certain about government being able to offer them more goodies. That’s because they are often influenced by media sound bytes when it comes to political news. It’s sports and other circuses that get too much of their attention.

So a weak dollar that concerns whether foreigners or foreign governments buy U.S. Treasury bonds have no importance to them.

But when they have heavy inflation because the government has to literally print money to balance the budget, they will notice. By then they will blame the wrong folks for their financial woes, taking their cue from the same faulty media sound bytes.