Tyler Cowen in the NYT says that a weak dollar is good for you.

Oh... and if the dollar Collapses.... That is good to, because rich foreigners are going to come in and buy everything. including the house you used to own.

So, that your 10K dollars you had 6 years ago is now only 8K.... That is good.... And when you don't get to own anything in your own country, and we effectively declare bankruptcy by having a collapsing dollar.... It's good.

So, if your 10K suddenly is 5K... after 6 years of inflation.


I tell you what!! over the weekend we have had the Dollar get stronger by about .5%....

Makes me think that there is some dollar buying going on out there....