NOWHEREMAN

Dollar Wins on Euro, Pound Weakness

Creation of an endless supply of any currency will drive that currency's value down.

When the country of that supply is also the currency used to price most commodities, the rise in those commodities is inevitable. It doesn't really matter whether interest rates go up or down. For the Dollar to strengthen, the supply must stop expanding.

I don't see that happening any time soon. Wealth destruction is occurring internally and our leaders are doing whatever it takes to reverse that trend immediately rather than allowing it to work its way through the economy. The normal recessionary environment which would allow for the excesses to be wrung out of the system will instead find the economy strengthtening from a higher inflationary level.

With another stimulus package possible before the end of the year, the dollars strenght will be short lived.