Sunday, April 24, 2011

IT'S ONLY DEVALUATION UNDER A DEMOCRAT

(h/t Memeo)

I've heard Glenda Beck and other gasbags warn us about financial Armageddon because of the falling value of the U.S. dollar but I don't recall them saying anything during the Bush years.  Barry Ritholtz points out that the dollar fell dramatically over those 8 years:

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