The U.S. dollar just keeps getting weaker and weaker, and that is a major problem because our current standard of living depends on having a strong dollar.  When the U.S. dollar is strong relative to other national currencies, our paychecks stretch farther and we can buy more stuff.  Conversely, when the U.S. dollar is weak relative to other national currencies we can’t buy as much stuff and our standard of living goes down.  So the fact that the U.S. dollar is “having its worst start to the year since 1973” should deeply alarm all of us…

The post This Is The Worst Year For The U.S. Dollar Since The Oil Crisis Of 1973 was first published by Michael Snyder on The Economic Collapse Blog and is republished here with his permission. Please support his efforts.