4 ms·
There are two ways to measure the "strength" of the dollar. One is comparing it to goods and services (consumer prices). The other is comparing it to other cur
by danuker 4y ago
There are two ways to measure the "strength" of the dollar.
One is comparing it to goods and services (consumer prices). The other is comparing it to other currencies (DXY). I guess these two factors have varying influence on imports and exports, but I suspect DXY is the more relevant in this case.
So, I suspect my focus has been wrongly on the money supply, as opposed to the supply relative to other currencies, with DXY having almost reached the 2002 maximum in October 2022. So, I thank you for insisting.