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> He hasn't kept ahead of the destruction of the dollar very well. The dollar is trading pretty much at 30-year historic highs relative to all other currencies
by timr 6mo ago
> He hasn't kept ahead of the destruction of the dollar very well.
The dollar is trading pretty much at 30-year historic highs relative to all other currencies. You have to go back to ~2000 to find a stronger era, and then the 1980s before that.
https://www.marketwatch.com/investing/index/dxy https://www.marketwatch.com/investing/index/dxy
- fauchletenerum 6mo agoThey're talking about the decline in the purchasing price of a dollar over the past decade, not its value relative to other currencies at the moment
- deleted 6mo ago[deleted]
- timr 6mo agoI don't know how you know that, but even that argument is a straw man, unless you're asserting that all of the other currencies declined in value equally against whatever theoretical good(s) you're holding out as the objective standard for value.
- Citizen_Lame 6mo agoI don't think you know what a straw man means, or purchasing power.
- timr 6mo agoOK.