Chart of the value of the U.S. dollar since 2001
http://www.fxstreet.com/fundamental/analysis-reports/lessons-from-the-pros/2007-10-04.html
What's most interesting about this chart is the accompanying story, which talks about a U.S. government policy started in 2005 where the government was no longer going to report how much money they were printing (M3 measurements). Which means we can't see what the government is doing as far as money creation goes. And the value of the U.S. dollar is almost half what it was in 2000.
posted at 11:05 am
on Aug. 7, 2008
