4 ms·
Sounds 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.
by sebmellen 6y ago
Sounds 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.