Weak dollar

Here is what is going on with the US Dollar. The USA government is over spending. They are spending much more money than their income. Where does the money come from? The USA borrows the money by selling government bonds. The manner in which the bonds are created, (in addition to most private borrowing) increases the money supply. The law of supply and demand, (being inviolable) causes the increased number of dollars to each be worth less. Here's my prediction. The USA government will in a few years have its credit rating decreased. It will become difficult to sell bonds. There will be a financial crises in the USA. It will be resolved by the large numbers of foreign held bonds (and DOLLARS) coming home to the USA to purchase, businesses, real estate, farms, and etc. Then Americans will finally realize they have been involved in a serious economic competition for ownership of their country, but it will be too late. Here's how it will affect my life. This will affect me not much at all. I have been aware of the problem for years. Am I spending or saving? Both. Spend money on durable useful items that you can always use. Save money on the short term for the purpose of spending it on the aforementioned useful items. Only save money because you do not want to borrow any. To purchase items too expensive to purchase out right immediately, save up for it.

studying abroad makes me convert my money into the US dollar currency. now that it is going down and the colon (costa rican currency) is getting strong, i have basically lost some amount of money in the bank. it is lost in the exchange rate. the concrete impact is in my rental. 100,000 colones means $200 dollars; now it is equivalent to $202 dollars. i lost two dollars in the exchange rate.