Obama can't pull off an official devaluation of the dollar, but by spending trillions of dollars in his plan to defeat the bear market recession, he is de factor devaluing the dollar against other leading world currencies. For political (international) reasons, Obama is "talking" a strong dollar, but the world knows that his "strong dollar" spiel is pure BS. Obama wants the dollar to decline (which means it will automatically be devalued). A cheaper dollar, turned out in the quantity of trillions, will make all US debts easier to finance. And it will be a way of "handling" the mind-blowing amount of debt that the Obama administration is creating as the US continues its fantastic spending program.
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