curious cat

5 Stocks to Hedge Against the Falling Dollar

the author is trying to make a political point, but no one person and no one party is to blame. nor should they get credit for our collective actions. true, we americans are greedy and wasteful, but anyone from anywhere in the world would have done the same, given the opportunity. in fact, most of the people in america are from somewhere out there, so that kind of proves my point.

americans have purchased a whole lot of things from the rest of the world at very cheap prices. clearly, that was very smart of them to buy while the prices were so low. they were unable to stop buying just because they ran out of money and had to borrow against their futures. the bargains were just too great to pass up!

now, that foreign goods are getting more expensive, we'll stop buying and sell more stuff to them, instead. hey, that seems like a good system. americans are really smart. buy low, sell high!

i bought ten pairs of shoes for a few bucks a piece at sam's last month. they should last me until my feet grow bigger. if they become more expensive in the future because the dollar gets weaker, i'm still set for life. in fact, i have enough clothes to last a lifetime, too. i also think my japanese car will last another 100,000 miles, at least. i've been driving it since 1993. bought it when cars cost less than twelve grand and it appreciated for years.

i feel fairly confident that foreign consumers, on the other hand, are just beginning their long march to larger homes with jam packed garages. since we all know what those foreigners are like and what they like, we can profit from that. they will be eating our burger king and mcdonald burgers with secret sauces, so they'll be getting huge and they'll need more clothing, larger homes, bigger cars and arterial bypass surgeries. after all, there are so many other things we can sell them besides action movies, cancer sticks and u.s. bonds.

maybe we should have lotteries abroad that cost maybe five euros a ticket. the winners can be given dollars or citizenship or a seat in congress, anything we don't care too much about these days.