Current Events-Dollar increasing

http://www.msn.com/en-us/money/markets/the-dollar-keeps-rising-for-good-or-evil/ar-BBoJUq2

The dollar’s rise, which started virtually the day Professor Feldstein made his prediction in 2011, shows little sign of abating. It amounts to only the third instance of such consistent appreciation since Richard Nixon took the United States off the gold standard in 1971.

What goes up....must come down.

Policy makers in developing countries can remember the last two times the dollar went through periods of sharp appreciation. There was the first half of the 1980s, when Latin America fell into what is remembered today as the “lost decade,” and the second half of the 1990s, when much of Asia ended up underwater. The memories aren’t pleasant.

I know...I was there.