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The dollar was dealt a hefty blow this past week. The Dow Jones FXCM Dollar Index (ticker = USDollar) dove into four-month lows Friday with its biggest single-day decline in 10 weeks. From a chart of the USDollar or EURUSD, it seems as if the dollar has had the floor ripped out from underneath it.

The public does note that it takes more dollars to buy food (price of food rising), the public does note that is takes more dollars to fill up the tanks of their cars (gasoline prices rising). The public notes that their college tuition bills and their medical bills are rising. In other words, the public experiences that their dollars buy less and less, with each passing month.