re: The Time Table for the Dollar

I read a lot of doom stuff that would probably get laughed at, but I'll say that even in that class of people...you have a pretty good split between the hyperinflationistas/dollar collapse and the deflation/depression camp (which tends to think cash and the dollar is king). As this one poster I enjoy reading always says, the dollar may be a whore, but it's the best looking whore in the room. I just think if we're looking at a dollar collapse, then the whole shebang is going down, anyway, so get your gold, guns, and beans.

There is some anecdotal stuff out there about the dollar getting crushed when countries stop paying for oil in dollars. I don't know how much validity there is to these petrodollar recycling and petrodollar warfare theories, but again, what else are countries going to trade in? Certainly not euros at this time. I know there is some talk about Iran and Russia trading oil for gold. Who knows?

The deflationists have been making some solid arguments the last year or so, but I am still with the nutsos who see Helicopter Ben and his successors destroying the dollar in 5-10 years.