The Most Regressive Tax Of All? A Weak Dollar

Takeaway: Average working Americans get hammered by a weak U.S. Dollar, while Fed-fueled monetary policy enriches wealthy investors.

Ahead of today's important Fed announcement, permabulls are desperately hoping and praying that a dovish Janet Yellen will continue devaluing the U.S. Dollar to keep propping up stocks.

 

Below are two charts showing why a weak dollar is perpetuating a massive wealth gap

#1 

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The Most Regressive Tax Of All? A Weak Dollar - dale weak dollar

 

#2

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The Most Regressive Tax Of All? A Weak Dollar - dale inequality

 

 

***You can follow Darius Dale on Twitter @HedgeyeDDale