David Roskoph

Key Reasons to Be a Dollar Bull

You are right for some of the right reasons. The bailout/reflation parade is only getting started, it will not only not stall, it will reach well past a trillion. Huge deficit spending is the only thing that can stop deflation from felling the republic. That is baked into the recipe and understood by the world. That is why the dollar is rising.

Logically all that new debt would be inflationary, except we are teetering on the precipice and the fall would be felt in every corner of the civilized world. Warts and all, we remain the best model for a standard of living in the world - we are the leader.

The value of our franchise alone will keep the dollar strong as the rest of the world copes with the rising tide of fiat coming into the system. We have stumbled but will nto be crushed by other nations trying to work their way up because without us, they will only go backward.