

Will domestic real estate rise because the falling dollar creates a sort of hyper inflation? Will the broad stock market rise (because being long stocks is being short dollars) or will the domestic equity market fall along with the dollar? Will local rents rise or fall? Gas prices? And what about jobs? Will unemployment skyrocket or will it fall as domestic mfgs hire? For a typical urban American, how will life change (especially in the little ways one might not think of when reading a classic econ textbook)?

I understand that if the dollar collapses prices Americans pay for foreign goods rise, but I am wondering what other little and big consequences of a falling dollar are? What will life be like in a collapsing dollar environment?