People still don't get it. The only reason the economy "recovered" is that a rising dollar kept interest rates low and consumer prices in check, allowing America to go deeper into debt and consumers to keep spending. As the dollar sinks the economy will go down with it.



Actually just read the dollar is off to its worst start of a year since 1987. We all know what happened later that year.


The Death of Retail: Toys R Us to close 180 stores across the US
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5 thoughts on “People still don't get it. The only reason the economy "recovered" is that a rising dollar kept interest rates low and consumer prices in check, allowing America to go deeper into debt and consumers to keep spending. As the dollar sinks the economy will go down with it.

  1. Mr. Schiff wrote, “The only reason the economy “recovered” is that a rising dollar kept interest rates low and consumer prices in check.”
    Huh? Apparently the author hasn’t visited the grocery store or a retail automotive dealership to shop for basic necessities. Prices are rising and packages of foods are shrinking in size. That’s back door inflation, Mr. Schiff.

  2. ONCE SCORES OF NATIONS GANG UP ON THE PETRODOLLAR & IT GOES DOWN,
    THEN WE’RE IN THE TANK. THE U.S. BETTER FIND MORE FRIENDS THAN ISRAEL !

  3. I would think the major reason the economy has improved under Trump Trump’s rl back of restrictive Obama EO’s. Just think what we would have if the congress worked with Trump!

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