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I think we're all on the same page there :) A rise in any price (gold, for example) quoted in any currency (the dollar, for example) is as much about that curr
by chris123 17y ago
I think we're all on the same page there :)
A rise in any price (gold, for example) quoted in any currency (the dollar, for example) is as much about that currency losing value as it is about that commodity rising in value.
Said another way, if you flood the world with anything (the dollar, for example), all things equal, then each unit of that anything becomes worth less. In our dollar vs. gold example, it takes more dollars to buy the same amount of gold. The dollar is worth less. Potential Wile E. Coyote. Yada, yada, yada.