One Important Implication of the Weaker U.S. Dollar
The US Dollar recently posted new lows against most currencies. Most notably it now takes $1.39 to a buy a Euro, $2 to buy a British Pound and the Canadian Dollar is at 97.16–nearing parity with the US Dollar! This weakness in the once-almighty dollar may help boost US exports, but overall the weak dollar is bad news for Americans. Most importantly for those interested in preparedness, it is making some key imported items prohibitively expensive. This includes optics from Germany, water filters from England, and spare gun parts from Austria and elsewhere. Since the Federal Reserve has opted for …