Chart of the day: Tracking the dollar’s demise


From Barry Ritholtz at The Big Picture, stunning proof that it’s all over for the greenback. The chart tracks the value of the dollar against a fixed basket of foreign currencies [the “dollar index”]. To quote Ritholtz, “A fall from 121.02 in July 2001 to 70.69 in March 2008 — Now THATS a dollar collapse“:

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