Why Americans Should Also Accumulate Canadian DollarsSubmitted by Charleston Voice on Sun, 06/03/2012 - 11:14
Published by Charleston Voice, 06.02.12
Americans in our lifetime have always had a myopic view of their own currency. This is understood except for two occasions we can recall. In the sixties and seventies peoples' eyes popped open realizing rising consumer prices at the grocery store.
We're told the Japanese bullet trains have yen quote streaming forex screens on the overhead bulkheads.
Of course, the government propaganda conduits spewed forth the lies that the "Greedy Arabs are to blame, farmers, labor unions, corporations, gold hoarders, etc." Everyone was blamed except the government and its printing machine operated by the Fed.
We will collide up against another such monetary abutment when the US$ will lose relative value against other paper fiat competitors.