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And 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 th
by RC_ITR 4y ago
And 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.