ray b

The Dollar: A Strong Buy

A constant stream of comments that the dollar is worthless.

What is the alternative? Overpriced high beta gold? The increasingly weak countries backing the Euro? Japans Yen? Yuan? Oh, and dont forget Jim Rogers and the Singapore dollar.

So the exchange rate goes down 10-15%, thats not going to hurt the average American much. Seems to me to be a lot of whining and populist sneering. Whine about Obama, whine about Bush, whine whine whine.

People in America are begging for dollars and begging for jobs that pay dollars. Give me a break. I think we are a great country that is still the envy of the world. NYC Chicago Houston LA San Francisco Atlanta. Lots of great cities with lots of great businesses and great people.

The only unfortunate thing is about one third of our population seems to be paranoid, but I suspect this is a global condition.