4 ms·
Which is a great reminder that even if the Fed caused inflation, it's worse elsewhere (if you disagree, I suggest you make that arbitrage trade).
by RC_ITR 4y ago
Which is a great reminder that even if the Fed caused inflation, it's worse elsewhere (if you disagree, I suggest you make that arbitrage trade).
- bagacrap 4y agogood time to stock up on vxus for cheap!
- acchow 4y agoIsn't the Euro trading lower lately because there's a war on that continent?
- RC_ITR 4y agoAnd that has no impact on the value of the US dollar? A very helpful definition of inflation is “the relative value of the US dollar” and forex trends imply the US dollar is gaining purchasing power, which implies its inflation is less severe than elsewhere.
- Ekaros 4y agoIt has much less impact as EU and Russia has much more trade than USA and Russia. Just due to proximity.
- nivenkos 4y agoThe US will make money from it - with the lend lease and LNG exports. The EU only stands to lose money with a new refugee crisis and increased defence spending.
- herbst 4y agocomparingly to more stable currencies like CHF the USD is loosing value since the last election, just fastening over the last months and weeks. Some people have a hard time seeing their own currency it a broader light it seems.
- vba616 4y agoHow do you know Ukraine is "on that continent"? By which I mean, all the talk about Ukraine being in Europe seems to imply it's common knowledge that none of Georgia, Abkhazia, Transnistria, Moldova, Ossetia, Chechnya, Ichkeria, Tajikistan, Armenia, and Azerbaijan, to name a few, are in Europe and that's why conflicts in those places were largely ignored in comparison.
- postingawayonhn 4y agoTheir scale is insignificant. This war is on a scale we haven't seen for decades.
- vba616 4y ago>Their scale is insignificant. What does that mean and who told you so? Do you mean a lot less people died? That cities weren't being blown up? Casualty estimates for the Chechen wars vary wildly, but seem to be in the mid-5 to mid-6 digit range. >This war is on a scale we haven't seen for decades Ok, it is very clever to qualify with "for decades", you got me, 2008 seems like yesterday. I can remember before 9/11.
- MagnumOpus 4y agoThe Yen and Renminbi are trading lower as well, despite no wars... (Coincidentally they are also energy importers in a time of high energy prices, like the Eurozone.)