Dollar Loses More Ground [Don't look now, but.....Dollar Death Accelerating]

The Wall Street Journal ^ | 04/28/2011 | STEPHEN L. BERNARD

[Texas resident]

Back in ‘92 or ‘93 Mexico was around 1500 pesos/dollar.
They took two zeros off their money and issued nuevo pesos.
Wonder if we are heading in that direction.
Let me know if I am heading down the wrong bunny trail here.

[Kozak]

[Kozak]

So, China has stated they want to cut down on their US debt holdings, so they won’t be buying. Japan needs to cash some of their holdings, so they won’t be buying. Last I heard the Fed was buying 70% of the offering of US treasuries. Will that now go to 90%? Basically just stuffing our pockets with IOU’s to ourselves? THAT will end well....