We are asked quite regularly what we see in store for the dollar.   This is a difficult question because nearly every commentator on the matter has an answer that is, for lack of better words, ideologically motivated.  For whatever reason, people want to love or hate the dollar.  For some, the dollar is a source of national pride…for others an example of everything wrong with what the government has become.  

Our view of the dollar can be explained by tweaking Winston Churchill’s defense of democracy: “Democracy is the worst form of government except for all those others that have been tried.”  

To adapt Mr. Churchill’s words, the dollar appears to be the worst currency in the world…except for all those others. 

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