USD Index Drops Below 78.0, First Time Since Mid Dec '08

This, in my view, is not such much about the value of USD per se, but rather more about the flight-to-risk. On the very same morning, there was a headline that the EM equity mkts have returned to pre-Leh levels.
 
The dollar is on the risk of a collapse, it's going to eventually happen and it seems no one really cares about it. So we get a little inflation going forward, no big deal, right?
 
Quote from S2007S:

The dollar is on the risk of a collapse, it's going to eventually happen and it seems no one really cares about it. So we get a little inflation going forward, no big deal, right?


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This is where "higher taxes" save the day....????
In the "Great Race" to the bottom....
 
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