We showed this chart to someone and they remarked, "Oh good, the dollar is stabilizing."
This is a year over year chart of the change in the dollar, expressed in percents.
What this chart shows is that the US dollar is locked into a nice, steady annual decline of about 12%.
That's 12% annual decline. That means you need to MAKE a 12% return on those dollar assets just to break even.
It should also give you some idea of where the rate of monetary inflation is, and its not at the headline core rate put out by the propeller heads at the Bureau of Labor Statistics.
“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception
LE CAFÉ AMÉRICAIN
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Soupes, Potages et Bouillons
Potage traditionnel, consommé sophistiqué
Canapés et Apéritifs de la Maison
mardi et jeudi à la table du propriétaire
Salade Niçoise
English Breakfast
Gigot d'Agneau
Légumes rôtis
OEUFS BÉNÉDICTE
pas de McMuffin
Schweinshaxe
Girolles
Homard
CÔTE DE BOEUF
aux champignons et pommes frites
GÂTEAU AU CHOCOLAT FONDANT
Clafoutis
aux cerises
GÂTEAU AU FROMAGE
aux-bleuets
