Look: I am eager to learn stuff I don't know--which requires actively courting and posting smart disagreement.

But as you will understand, I don't like to post things that mischaracterize and are aimed to mislead.

-- Brad Delong

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Everything that appears on this blog is the copyrighted property of somebody. Often, but not always, that somebody is me. For things that are not mine, I either have obtained permission, or claim fair use. Feel free to quote me, but attribute, please. My photos and poetry are dear to my heart, and may not be used without permission. Ditto, my other intellectual property, such as charts and graphs. I'm probably willing to share. Let's talk. Violators will be damned for all eternity to the circle of hell populated by Rosanne Barr, Mrs Miller [look her up], and trombonists who are unable play in tune. You cannot possibly imagine the agony. If you have a question, email me: jazzbumpa@gmail.com. I'll answer when I feel like it. Cheers!

Monday, June 13, 2011

The Fractalization of the U.S. Dollar - Or - How Obama ruined the Greenback

Here is a chart of the Trade weighted U.S. Dollar Index from FRED with a trend channel  Quite a slide down that mountain since the peak 53 weeks ago.

And look at what that Socialist Obama has done to us in the meanwhile:  Stimulus Package, QE's I and II,  Obamacare.  No wonder the greenback is shrinking!

To put it in perspective here is dollar's performance over his entire term.  The red portion near the peak is the time from Obama's election to his inauguration -- the last gasp of hope before the fall.

See how bad it is?  Down, down, down.

Just for contrast, here is how the policies of the staunch fiscal conservatard, George W. Shrub saved the dollar from the profligate quai-socialist Billy-Bob Clinton.

Well, maybe you ought to turn that one upside down.

Now, for the longest perspective, let's look at the entire data set, starting in 1973.

There - now that you can see the entire picture, it's clear exactly how damaging the Obama administration has been.

You're welcome.

1 comment:

Suzan said...

Sheesh, Jazz!

I don't know whether to say "Thanks!" for backing me up or just go straight to the wrist cutting.

Love ya,



(We are so f*****cked!!!!!!!)

And people are in the streets telling me how I HAVE to vote for him in self defense.