Is the Dollar Still Falling?

In his classic work, The General Theory, published in the depths of the 1930s Depression, John Maynard Keynes famously observed that "Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a whirlpool of speculation. When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done."