No one is worried about rising interest rates as they assume rates are rising due to improved economic growth prospects. But the plunging dollar proves rates are actually rising due to increasing currency risk and diminished U.S. credit worthiness.

No one is worried about rising interest rates as they assume rates are rising due to improved economic growth prospects. But the plunging dollar proves rates are actually rising due to increasing currency risk and diminished U.S. credit worthiness.

— Peter Schiff (@PeterSchiff) February 1, 2018