A lot less than you could back in August. That dollar you had THREE MONTHS AGO is now worth 91.4 cents. Our 12 Trillion dollar economy is now less than 11 Trillion. If your investments haven't appreciated 8.6% in the past ninety or so days, you're down.
The above chart compares the value of the US Dollar to a basket of currencies from other nations. A month ago, Federal Reserve Bank chair Ben Bernanke replied to questions about the falling buck by mumbling that within the US, the dollar is still a dollar. That leaves out those things Americans buy from abroad....starting with OIL. You can go down the list from there. We are a deficit nation. We buy more from abroad than we sell. Dollar goes down, our prices go up.
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