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Exactly. Is the dollar a currency or an investment. It's both.
by conception 10y ago
Exactly. Is the dollar a currency or an investment. It's both.
- colanderman 10y agoThe dollar undergoes inflation. That makes it a pretty terrible investment. (It is, by definition, outperformed by near-zero-risk I-bonds.)
- ptaipale 10y agoThe dollar doesn't necessarily have inflation in comparison to my national currency... and it may be the most readily available investment opportunity that helps you avoid poor national economic policies.
- aminorex 10y agoYes, this. Hence its worldwide popularity. The dollar is the #1 u.s. export by an order of magnitude; because it is a terrible investment for u.s. persons and a marvelous investment for non-u.s. persons.