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Steve Coker, CFP
- Oct 12, 2015
- 3 min
The Almighty Dollar
It seems a constant barrage, “the US Dollar is in decline”, “the dollar’s days are numbered” and a host of other similar headlines predicting the death of the US Dollar. To be sure the dollar has declined against a basket of global currencies since the 70’s (see chart below), but it is actually the dollar’s strength, not its weakness that has many economists wringing their hands right now. The dollar has risen 34% over the past 4 years and has spiked this year. Furthermore, t
