By all definitions the US Dollar should be depreciating in value but against all odds it is not. Why? First the argument about a devaluating dollar: Over the past 2 years the dollar has gone down dramatically due to a dramatic rise in commodities such as Petroleum. The US imports approximately 60 to 70 percent of the domestically used oil and pays premium prices to do so. Since this is inflationary it causes the Dollar to depreciate which causes imports to go up, hence an inflationary cycle commences. One benefit […]