6 ms·
Exactly, all the money that's being printed and every asset class going higher yet the typical measure of inflation seems to stay low - I would bet the measure
by jarym 6y ago
Exactly, all the money that's being printed and every asset class going higher yet the typical measure of inflation seems to stay low - I would bet the measure is wrong. In fact, it does not matter if I'm right or wrong about this, fact remains that if you're an American today and you try to go on vacation almost anywhere you'll find EVERYTHING feels expensive outside of the US.
Why is that? Well the value of the dollar is at multi-month lows and heading lower vs almost any other significant currency.