Some amusing dollar cartoons from the past few years . . .

dollar_submerged

actial_size

falling_dollar

shrinking_dollar

humpty_dumpty_dollar

by george thats bad

wouldyou

Category: Currency, Humor

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

12 Responses to “Plummeting Dollars”

  1. DL says:

    It’ll be a little less amusing when oil gets back to $147.

  2. km4 says:

    Can we make this a cartoon…

    The White House on Monday defended President Barack Obama’s economic policies, saying that because of them, the country had stepped back from an economic abyss.

    Summers said the country had seen “a substantial change” in the trend of job loss.

  3. leftback says:

    The more we hear about this, the more likely it is that the dollar will have already reached the bottom of this year’s excursion on the FX roller-coaster.

    ~~~

    BR: Note these are all cartoons that are not current — they are a few years old

  4. DL says:

    Sooner or later we’ll get a better-than-expected payroll number; that ought to give the dollar bears a jolt.

  5. tradeking13 says:

    @km4

    Yeah, Obama should have won the Economics Nobel Prize this morning. He could wear them around his neck like Michael Phelps for his next appearance on the talk show circuit.

  6. Patrick Neid says:

    Krugman’s and the Keynesian’s dream come true. I hope they print another several trillion so we can have a real party with the Dow at 100,000! Why not, all the interventionists think it doesn’t matter any way.

  7. Crusty the Clown says:

    What overall effect does this dollar trend have on stocks? Is it better to be in stocks or watch your cash get devalued?

  8. ab initio says:

    Although I can buy into the longer term dollar bear concept I wonder if in the short term dollar bearishness is getting to an extreme.

    I am actually also concerned about the Yen and Chinese Yuan.

    The Japanese have been monetizing gigantic quantities for a long time and their government debt is now 200% of GDP while their citizens savings rate has declined from 18% in the early 90s to around 2% now. So they are going to have to go out and compete for funds soon enough with their exports crashing yoy for many months. Now that could cause a challenge for the dollar as the Japanese repatriate their dollar holdings to pay bills at home.

    The Chinese have also been on the stimulus bandwagon in a big way this year. Their bank lending itself has been a quarter of their GDP this year and their banking system has been accumulating losses for sometime now.

    Bottom line is that the balance sheet backing these paper liabilities are rather dodgy – so what gives when?

  9. Wes Schott says:

    lb@5:28 –

    i hear you bro’, i hear ya, cold steel

    BR –

    i don’t think lb was commenting that cartoons are a surrogate magazine cover indicator

  10. Hannibal says:

    The decline of the US currency is because: 1- the instant transfer of money and 2- the Horrible state of the US economy , while it is still by far the largest market in the world, you have to read the paper with which Mr. Krugman won the Nobel prize last year and you will notice that a buss in Brussels that wants to buy Tires, this buss will look any company on the planet to procure them, maybe in Colombia, Brazil or any country in Africa, and it can be done with lighting speed, just a few years ago people went to traditional companies and they were for the most part American companies! there is no more Comparative Advantage! Take Chile for example, it has surpassed the in the Fruits market, peaches (Georgia), Pineapple (Hawaii), Apple (California) etc.

    Now that company in Brussels pay in the Currencies of those countries while a few years ago the only currency for trade was the US dollar. Take for example the Dollar against the Colombia Peso, It is at the level of a Decade ago! but you do not see this benefiting the public at large and that is because of most transfer of money are done in others countries currencies more than with the US dollar.

    Now with regard to the Capital markets, people can go to London, Frankfurt, Paris or Milan with the same lightning speed.

  11. [...] Read this funny and interesting post in rithholtz.com, about present $US bearish sentiment [...]

  12. austincompany says:

    Was at my local Chase branch last week speaking to my banker. He said they are seeing more and more customers converting dollars to Euro, Swiss, etc. and he added that he knows not all are traveling overseas. Reminds me of a banana republic when everyone starts converting the current currency into something of value…