A future without the U.S. Dollar

In Peru,
where savings in U.S. dollars were long a popular hedge against
inflation, many citizens are closing dollar accounts in favor of
Peruvian soles.

You’ll admit, this is not a typical sentence you see written down. It’s like some kind of a dream.

Leaders everywhere must imagine a future without a steady dollar. Either that, or we shouldn’t borrow trillions to pay for distant wars without raising taxes. Or, you know, pay $700,000 for simple condominiums using worthless loans. You know, fiscal policy.

As the American presidential election sinks lower, ever lower, into a tired, pointless hair-pulling match about race and military bravado, I’m beginning to think that the government may not be a help in this matter.

Which is too bad, since they are the only ones who make fiscal policy.

I have a lot of friends from Peru. Maybe they’ll buy some of my dollars!

-Garland