Despite the best efforts of the Korean government and banks, the American dollar  has taken a huge plunge against the Korean won.  In a few days, the dollar has lost about 4.5% of its value. To most of the readers here, that’s a big “so what?” But for me, that’s huge consideration. It would have been nice to have that plunge before I went to America for Christmas – it would have mapped into bit more dollars in my pocket. Instead those dollars simply floated away into the ether of the exchange rate.

With my daughter’s graduation from university last year, the student loans are due. That means I need to be dropping money into American banks often to pay them off. I haven’t had to do that in a while and have been comfortably keeping my money here in Korea. Now, therefore, I need to be mindful of the exchange rate and try and send my money when it will net me the most dollars for my won.

Personally, I hope the dollar goes right into the shitter. Just down to zero. With all the trillion$ of bill$ printed this past year to cover the multiple bailout$ it’s amazing the value is still as high as it is.

My ideal scenario is for the dollar to be worthless – I could take my Korean won and buy a boatload of American real estate on the cheap. Of course, if it did go to zero or even near it, there would be a whole lot of pitch forks and torches to circumvent for anyone still buying big in America.