The Federal Reserve Dollar Loses Its Face

Tuesday, September 25, 2007

The Federal Reserve (not US) Dollar slumped to a new alltime low on Tuesday, trading at more than $1.4150 to the Euro.
The USD index slid to the new record low of 78.14.

weak dollar

PICTURE: Certainly not as good as gold. In 94 years the Federal Reserve Dollar has lost more than 95% of its value. Drawing courtesy of Milt Priggee.


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