Do You Think the Dollar Is Losing Value?

The dollar hasn't seriously depreciated against other countries. In fact, against a lot of currencies, its actuall seen its value go up over the last few years. Even in two thousand eight when you had this massive sub prime crisis in the ueswe people fled to dollars. Andso i a's our relative ra. It i'm all relative. Butover ast 30 or forty years, although you've had low consumer price inflation, you've had at the same time, very high assed price inflation. As been driven, but tat this has been driven by a steadily reducing interest ratetrenda intestAsteat of time, of course, of course.