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Comment: Weaker dollar serves some puposes

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Weaker dollar serves some puposes

Higher stock market which gives the illusion of "recovery".

U.S. goods are cheaper for other countries - potentially boosting exports.

Reduces govt debt levels by way of devaluation.

Also, I believe the govt is actually embracing the higher gold prices. Regular folks are busy selling their gold jewlry for more cash, keeping them afloat for the time being.

The problems will arise when price of gas and food start soaring, which won't be long now.