Some people never learn. It was fun while it lasted. It’s the ninth inning with two outs and two strikes on the batter. It couldn’t be any clearer.
“All currencies, not only the American dollar but all currencies, always go down, mainly because of democracy. The voters will vote for a person who is going to spend too much. And so you have to expect all currencies to go down. And just recently, America has started to spend too much and the currency has already gone down a lot. But other nations now realize that and they don’t want to lose out to America. So they make their money go down, too.” – Sir John Templeton
