Regardless of the fall in value over the last month, over the last year the US dollar seems like it is in reasonable shape. See below:
But wait… lets expand the time frame about the length of Bush’s time in office. See below:
While I am not one to blame all our misfortunes on one man, I think the whole adminstration should take the blame. That being said, any strides it seems like the dollar has made over the last 6 months seem absolutely useless compared to where we were 8 years ago.
Take the good with the bad, at least better people are coming into office… maybe.
More on this topic
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U.S. Dollar and Assets – America’s ‘Exorbitant’ Privilege Will Continue
(Gold Stocks Today, 4/19/13)
Returning U.S. Dollar and the S&P 500 Relationship
(Gold Stocks Today, 4/22/13)
Stronger U.S. Dollar Attracting Investment Flows To U.S. Assets
(Disciplined Approach to Investing, 4/16/13)