Buffett Warns: The Dollar Will Decline

[Cincinnatus]

The dollar declines every year; It's called inflation.  Now that my poor attempt at humor is over with, the Fed thinks it can print money to cover American debt.  Zimbabwe tried to do the same thing and ended up with 1000% + inflation making their currency worth nothing (relative to what it was worth anyway).  Dollar can't really hit rock bottom though until American bond holders as well as Asian debt holders decide we're no longer worth the loan.  If Asian countries (China) decided to stop loaning us money, it's estimated that two weeks later prices will rise so high that Americans will no longer be able to sustain even perceived, poor living standards.