Nothing But Politics

[Ace Hanlon]

I don't expect the buck top drop as much as you, but there is little doubt it will go down quite a bit (albeit with some bounces along the way)

But the biggest risk here is not a declining dollar per se, but the probable loss of the dollar's status as the world only reserve currency. That would make it impossible for the Bushies to carry on with their warmongering without either hiking taxes sharply or accepting a return of the double digit inflation of the 1970s.