Standard of living, meet falling US dollar – My Budget 360
There is certainly a cost to a falling US dollar.
Many Americans are living the consequences of this multi-decade long
trend. The Federal Reserve has only added fuel to this trend but many
families are now realizing that there does come a cost to unrelenting
debt based solutions to fiscal problems. Shopping at the local grocery
store I’ve noticed that some items have doubled in the last few years.
Fueling up is also more expensive. The issue with living on a low
dollar policy is that eventually, you end up in a low wage capitalist system. The easy money slowly inflates away especially on global items.
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