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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (195837)2/4/2023 5:00:40 AM
From: sense  Read Replies (1) | Respond to of 219466
 
LOL!

The dollar is "over-valued"... because U.S. interest rates offer real returns again... when others don't ?

But, somehow... that means the same burger costs MORE in the "overvalued" currency instead of less ?

The burger in U.S. is clearly over-priced... as on a currency basis the strong dollar should have it cheaper in the U.S. than when priced in an "under-valued" currency ?

Clearly, burgers and currencies are not fungible on a "fair value" basis...

If you eliminate the currency value discrepancies... and normalize interest rates ?

I think all "currencies" are a scam... enabling exploits... with differences in who the marks are... but "currency manipulators" all, all having different goals.

But, if we go back to a gold standard... will that mean a Whopper in Beijing costs the same in gold as one in Miami ?

The "benefit" of having the reserve currency... makes me pay more for a burger than you ?