Dollar Drops to Lowest Level Since March as Fed Hints at Easing – Bloomberg

As the dollar continues to drop, it becomes worth less.  If it keeps going, eventually it becomes worthless.  Take steps now to mitigate this.  Use your dollars to build up your food storage and to buy hard goods, because they’re only going to cost more in the future.

Dollar Drops to Lowest Level Since March as Fed Hints at Easing – Bloomberg

The dollar slid to a a five-month low versus the euro on speculation the Federal Reserve’s willingness to ease monetary policy further will damp demand for U.S. assets.

The greenback slid against 13 of its 16 most-traded counterparts after U.S. policy makers said yesterday that they “will provide additional accommodation if needed” to spur growth. The yen strengthened for a third day toward levels that may trigger more selling by the Japanese government. The euro rose versus the dollar to the strongest since April 21. Gold futures reached a record high.

 

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