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Exchange rates change for a reason. The stronger exchange rate is a reflection of a stronger economy.
by TheCoelacanth 3y ago
Exchange rates change for a reason. The stronger exchange rate is a reflection of a stronger economy.
- apexalpha 3y agoIt's mostly a factor of interest rates. And the USD is also the global reserve currency, helping it rise in times of instability, more so than the Euro. But none the less, it still enormously skews your numbers in favour of the US, to the point they're practically useless. According to your numbers the economy of France and Italy have shrunk over a period of 15 years. This is simply not the case. You should look at GDP PPP.