2 ms·
If the US dollar was being devalued faster than reported, and the Euro wasn't, wouldn't that be visible in the exchange rate?
by Thorrez 1y ago
If the US dollar was being devalued faster than reported, and the Euro wasn't, wouldn't that be visible in the exchange rate?
- mark_l_watson 1y agoI think Europe has worse financial problems than we do.
- piva00 1y agoEurope != EU != Eurozone.
- panki27 1y agoWho is we?
- mark_l_watson 1y agoI am a US citizen
- Thorrez 1y agoOk. But we can look at the inflation rate that the US reports, and the inflation rate that the EU reports. Then compare the ratio of those to how the exchange rate changes. I don't see how having financial problems would make this comparison invalid.
- 9rx 1y agoThat might be an explanation for as to why the inflation figures are what they are, but the math described above wouldn't change. If one currency is quickly being devalued while another isn't, it is going to be obvious when you try to exchange those currencies.