>The Greenback Isn’t a Goner

>The Greenback Isn’t a Goner

Good column by James Cooper over at BusinessWeek about why the recent decline of the dollar doesn’t signal a collapse of the dollar. He also gives it some perspective, for example, did you know the following:

Though the greenback has fallen 24% from its high in 2002 – it was quite high in 2002. The dollar climbed 72% from 1992 – 2002.

The dollar is still 42% abover the 1985 peak when it earned the name “superdollar”.

I’m not saying that a falling dollar is good….or bad. Just giving some perspective.

Read Cooper’s column.

Scott Dauenhauer, CFP, MSFP, AIF
949-916-6238
Scott@meridianwealth.com

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