The Dollar Is Quietly Collapsing (Here's What to Do)

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People think the dollar is safe because it isn't collapsing overnight like the Zimbabwean dollar or the Venezuelan bolívar. But in the last year, the dollar has fallen against pretty much every major currency, in some cases dramatically. My home in Bogota has appreciated almost 20% in dollar terms over the past year, not because I renovated it, but because the peso strengthened against the dollar. Owning real estate in foreign currencies is one of the easiest ways to hedge yourself against the slow erosion of the US dollar.

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