It may well be beyond repair at this point. You cannot print money without devaluing it. Obama has blown the roof off.
Before the dollar became the global currency, it was the british sterling. At some point and maybe in the very near future, other countries are going to dump the dollar and go to something else, perhaps the Euro. This will be truly the end of the USA as we have known it.
It's a chess game out there, and we have checked ourselves. Checkmate may come alot sooner than you think. No amount of media or political grandstanding can change the numbers. It's coming and it's coming soon perhaps.
I am offshore already and am in the process of trying to figure out which denomination to push into. As with most things in life, timing is everything. Gold of course is a default position. if you have a lot of hot assets, i suggest you start looking into conversion away from the dollar.
it's being done at the top levels, but quietly...can't spook the herd....not yet anyways.
Of course the very people Obama has promised to LIFT up will be crushed beyond recognition.
out.