Why We Need A Weak Dollar

Two weeks ago, at a financial conference, a member of the audience asked an all too familiar question, “What’s your view on the U.S. dollar?” Long-time readers know I never shy away from this topic. In fact, last year, when everyone else believed the world’s reserve currency was about to be usurped by the euro, I predicted it would rally and we would see the end of the weak dollar . And rally it did. After the impressive move, of course, I changed my stance on the falling dollar . And since that time I’ve only become more convinced the U.S. dollar is doomed to…