Dollar's Demise

The last election did little to expose the issues surrounding the rather astonishing drop in the value of the USD during the first Bush term. The conventional wisdom seems to be that the beneficial effects to our export industries justifies the diminishing value in the face of the Euro and the GBP. The unwanted result may be that we may have seen the end of the Dollar's reign as the World's reserve currency. Robert Rubin belives that the Dollar must regain its strength. Does anyone else? especially anyone in power? Economist.com | The Buttonwood column