3 ms·
bullshit. is dollar overvalued? purchasing power index of the U.S. is equal to most other developed countries. https://www.indexmundi.com/facts/indicators/PA.N
by anovikov 6y ago
bullshit. is dollar overvalued? purchasing power index of the U.S. is equal to most other developed countries.
https://www.indexmundi.com/facts/indicators/PA.NUS.PPPC.RF/rankings https://www.indexmundi.com/facts/indicators/PA.NUS.PPPC.RF/r...
- mcfly1985 6y agoRight - but this neglects the fact that the US has printed an enormous amount of dollars to finance an incredible amount of spending. So sure - the purchasing power is on par with other countries, but those other countries haven't had the luxury of printing trillions to finance themselves.
- anovikov 6y agoThey had. Japan printed a lot more in terms of GDP. In fact U.S. debt is pretty much average looking for the developed world.