Marking the Markets

We are all delighted that US stock markets are at all-time highs and that our 401ks are growing, but is the dollar worth anywhere near what it was when Bill Clinton was President? I would contend that the 85 billion dollar a month pump by the Federal Reserve has helped the markets surge, but also, inflated our currency to levels not seen since just before the 1929 Crash. At some point, the bubble will burst and those paper gains we are all enjoying today will be gone like the wind.