I felt the need to put the recent dollar weakness into some broader context. So last weekend, I showed this simple 15 year chart of the dollar, showing the huge 41.5% coolapse from 2001-08, versus the current 15+% drop.
The feedback was surprisingly; apparently, many of those currently freaking out about the dollar missed it last time.
Today, let’s show an even longer term chart — this one, incorporating the 1980s collapse — the worst of the 3 we have experienced in the past 40 years.
Annotated chart via David Singer
Dollar’s Biggest Decline? 2001-08 (April 23rd, 2011)
Currency Wars! (October 11th, 2010)
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.