3 ms·
You seem to be missing the point about valuing a currency relative to another vs a real good. It's a totally different concept/measurement. The dollar index ca
by adam_arthur 5y ago
You seem to be missing the point about valuing a currency relative to another vs a real good. It's a totally different concept/measurement.
The dollar index can strengthen while cost of bread doubles in USD terms.
If every government agreed to print 2x the money supply overnight, dollar index remains the same but cost of everything will double (at equilibrium)