2 ms·
I ran across the following observation a little while ago: the volatility of one's currency should be less than the volatility of the goods purchased by that cu
by throw0101a 6y ago
I ran across the following observation a little while ago: the volatility of one's currency should be less than the volatility of the goods purchased by that currency.
- sebmellen 6y agoSounds good, but does it hold true in practice? Should the average price of a dozen eggs be more volatile than $USD? I don’t think that’s the case historically.
- throw0101a 6y agoSome goods are more volatile than others, and probably tend to be commodities (e.g., oil/WTI) rather than finished goods, but US$ (and the currencies of most developed economies) is less volatile than any good that I can think of.
- paulmd 6y agowhich is more volatile, bitcoin or GPU hardware? ;)