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Forein Exchange Chartsthe daily blues
The dollar and its relative fiat paper exchange value
[Most Recent USD from www.kitco.com]
All major currencies tether their value to one another, and particularly to the reserve currency, the FRN/dollar. There is competition, but usually within a standard range. These dynamic valuation-pegs obscure the fact that all governments are devaluing their respective currencies.
USDX Components; Euro 57.6%, Yen 13.6%, Pound 11.9%, Canadian dollar 9.1%, Swedish krona 4.2%, Swiss franc at 3.6%
 
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"Lenin was certainly right, there is no more positive, or subtle means of destroying the existing basis of society than to debauch the currency. By a continuing process of inflation, governments can confiscate secretly and unobserved an important part of the wealth of the citizens. The process engages all the hidden forces of economics on the side of destruction, and does it in a manner that not one man in a million can diagnose." John Maynard Keynes
 
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Cold-hearted orb that rules the night, removes the colors from our sight, red is grey and yellow white, but we decide which is right; and which is an illusion. Moody Blues