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To clarify - this isn't to say that non USD denominated assets don't lose value if compared to the currency its denominated right? That is, I could replace 'US
by bern4444 4y ago
To clarify - this isn't to say that non USD denominated assets don't lose value if compared to the currency its denominated right?
That is, I could replace 'USD' with any other currency in both occurrences in the phrase: `USD-denominated assets don’t lose value like USD itself.` and it would still be true, right?