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Thought i was the only one noticing that , people celebrating the rise in dollars they get for it. Then i check the euro price and it hasn't budged. And it's n
by lawlessone 1y ago
Thought i was the only one noticing that , people celebrating the rise in dollars they get for it. Then i check the euro price and it hasn't budged.
And it's not like the euro hasn't been inflating..
Is there anything people can actually use to see what's going on ? Gold? eggs?
- scotty79 1y agoCurrently, after going through the wave of inflation, that swept the world and originated with overprinted pandemic dollars, euro is pretty much back to its historically more or less stable inflation of ~2% per year on average. It doesn't seem that significant, but sure, gold might also be a good indicator for trying to understand where we are. Although, you can't think of it as a unit of value no more than you can think about bitcoin this way. Gold also appreciates like crazy similarly to bitcoin. Especially now, when people feel like recession is basically ensured so they roll back their investments in more risky assets.