All Roads Lead to Stagflation – This is How We Got Here

There’s been a lot of talk lately about the dollar and the United States’ economy.

I don’t think people realize how the latest ‘growth’ the U.S. has had is superficial – all thanks to a weaker dollar.

Most CNBC pundits don’t even mention how the weaker dollar has given the economy a short-term spurt. And the couple that do won’t even acknowledge that it’s temporary.

Let me explain. . .

A country can weaken their currency to make their exports look more attractive abroad.

Look at these three charts

First – and most importantly – the U.S. dollar has been in a steep decline over the last 17 months – regardless of the recent rally.

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